Posted on 04/30/2005 9:10:22 AM PDT by Matrix1948
Industries Wednesday delivered eight consecutive quarters of record profit with earnings rising by a better-than-expected 62 percent in the January-March period on increased demand for fuel products.
The company, one of the leading refiners and petrochemicals makers, said its profit in the quarter ended March 31 touched Rs.22.92 billion ($524 million), up from Rs.14.19 billion in the same period of the last fiscal.
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