RIL announced more than expected results

Much waited corporate tiget Reliance Industries (CMP:1215) announced its Q 2 results on Thursday it posted 7.42 per cent rise in net profit of Rs 4122 crore as compared to Rs 3837 crore in the same quarter previous year. Total income from the operations increased to Rs 44,938 crore in the September quarter from Rs 32,211 crore a year ago. RIL announced more than expected results as the marketmen expected netprofit only Rs.3920 for this period. (thebullishtrends)