Reliance ADAG’s 3 firms post PAT growth in 2009-10
New Delhi, May 15 (IANS) Three companies of the Reliance Anil Dhirubhai Ambani Group (ADAG) Saturday announced their annual results for the 2009-10 financial year, each of them reporting a growth in net profits.
Reliance Infrastructure’s net profit climbed 12 percent to Rs.1,519 crore in 2009-10 ended March 31 from Rs.1,353 crore in the previous fiscal and the operating income grew by 16 percent to Rs.14,865 crore as against Rs.12,845 crore.
Reliance Power posted a net profit of Rs.273.23 crore for the year ended March 2010 compared to Rs 248.9 crore a year ago, registering a growth of 9.8 percent.
The company’s total income grew by 16 percent to Rs 388.1 crore in 2009-10 from Rs.334.71 crore in 2008-09.
Another group company, Reliance Natural Resources Ltd (RNRL), reported a growth of five percent in its profit after tax at Rs.73.32 crore for 2009-10 against Rs.69.87 crore in 2008-09.