Reliance Natural Resources (RNRL) reported a marginal rise in standalone net
profit for the quarter ended December 2008. During the quarter, the profit
of the company rose 1.76% to Rs 242.11 million from Rs 237.93 million in the
same quarter last year.

Net sales for the quarter rose 3.38 times to Rs 1,377.10 million, while
total income for the quarter jumped 87.40% to Rs 1,694.67 million, when
compared with the prior year period.

The company posted earnings of Rs 0.15 a share during the quarter.


  *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07*
*%Change* *Net Sales* 1,377.10 407.37 238.05 *Net Profit* 242.11 237.93 1.76
*Basic EPS* 0.15 0.15 -
Interest cost increased 34.91% to Rs 245.53 million over previous year
period.

B.Karthick
Research Analyst
www.kences1training.blogspot.com

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