One can take note of this fact that the quarterly profit has fallen down by 8.8% and same can be attributed to steep fall in petroleum product margins. It reported profit of Rs. 3,501 crore for its fiscal third quarter ended December 31, as compared to Rs 3,837 crore reported a year earlier. RIL’s Gross Refining Margins for the quarter ended December 31, 2008 were at USD10 per bar.
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