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• Reliance Industries (RIL) has achieved a turnover of Rs 251,958 crore ($47.5 billion) for the nine months ended 31st December 2011, with an increase of 37.4 percent on a year-on-year basis.The increase in volumes of the company accounted for 3.9 percent growth in revenue, while higher prices accounted for 33.5 percent growth in revenue.Exports went up by 55.2 percent at Rs 156,753 crore ($29.5 billion), compared to Rs 100,995 crore in the 9 months of the FY 10-11.

• Employee costs stood at Rs 2,265 crore ($427 million) for the nine months ended 31st December 2011, as against Rs 1,938 crore last year.Interest cost was higher at Rs 1,899 crore ($358 million) as against Rs 1,632 crore in 9 months of FY 2010-11, particularly due to higher foreign exchange difference, which resulted in gross interest cost being higher at Rs 2,286 crore ($430 million), as against Rs 1,986 crore in 9 months in FY 2010-11.Basic earnings per share (EPS) for the nine months ended 31st December 2011 were Rs 48.3 ($0.9), against Rs 45.6 for the corresponding period of the previous year.

• ''Reliance has delivered reasonably robust results with high operating leverage. Our focus remains on enhancing shareholder value by leveraging an exceptionally strong balance sheet, operating top decile assets and investing prudently in future growth engines,'' said Mukesh D Ambani, chairman and managing director, RIL. RIL's subsidiary, Infotel Broadband Services (Infotel), is in the process of setting up a broadband wireless network, using state-of-the-art technologies and finalizing the arrangement with global technology players, service providers, infrastructure providers, application developers, device manufacturers and others for the 4G revolution into India.

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