Company Profile For Reliance Natural Resources Ltd

Reliance Natural Resources Ltd (RENR.BO) (Bombay Stock Exchange)

sector: Energy · industry: Integrated Oil & Gas ·

As of 3:58pm IST

71.15INR

Price Change

+0.15

Percent Change

+0.21%

Analyst Recommendations

Overview

Reliance Natural Resources Limited (RNRL) is an India-based company. The Company is engaged in sourcing, supply and transportation of gas, coal and liquid fuels. It is also involved in the exploration and production activities of the blocks offered under New Exploration and Licensing Policy (NELP) and coal bed methane (CBM) round. RNRL has four blocks, over an acreage of 3,251 square kilometres for the exploration and production of CBM. It also has a block in the state of Mizoram under the NELP- VI for the exploration and production of oil and gas. The Company is also engaged in the supply of coal to the power plants. During the fiscal year ended March 31, 2009 (fiscal 2009), its subsidiaries included Reliance Fuel Resources Limited, Reliance Natural Resources (Singapore) Pte Ltd and Reliance Cementation Private Limited.

Quick Financial Synopsis

BRIEF: For the fiscal year ended 31 March 2009, Reliance Natural Resources Limited's revenues increased 29% to RS4.73B. Net income increased 4% to RS715.5M. Revenues reflects increased income from operations and higher other income. Net income was partially offset by increased cost of operations, higher staff cost, an increase in interest & finance charges, presence of loss exchange losses and increased other expenses.