MARKET ESTIMATES FOR Sep, 2008 results

to be announced today
RIL Q2 net profit seen up 2% to Rs 3914 cr
Reliance Industries is to announce its second quarter results. The company’s Q2 net profit is seen up
2% to Rs 3914 crore from Rs 3837 crore.

Its net sales are up 28.6% to Rs 41,200 crore from Rs 32,043 crore.

The company’s EBITDA seen up 4.8% to Rs 6056.50 crore from Rs 5781 crore

PREVIOUS RESULTS

Particulars Jun-08 Mar-08 Dec-07 Sep-07

Net Sales / Interest Earned / Operating Income 41579 37286 34590 32043
Other Income 226 289 241 168
Total Income 41805 37575 34831 32211
Expenditure -35458 -31268 -24024 -26262
Operating Profit 6347 6307 10807 5949
Interest -294 -272 -253 -257
Profit Before Depreciation and Tax 6053 6035 10554 5692
Depreciation -1151 -1380 -1213 -1129
Profit before Tax 4902 4655 9341 4563
Tax -792 -743 -1262 -726
Net Profit 4110 3912 8079 3837
Equity Capital 1454 1454 1454 1394
PUNJ LLOYD ESTIMATES

Anagram Research has come out with its earning estimates on

Engineering & Capital Goods sector for the quarter ended September
2008. According to the research firm, Punj Lloyd's September quarter
net sales are expected to go up 49% at Rs 2822.4 crore on YoY
basis.

The company's PAT is seen up 37% at Rs 122.7 crore on YoY basis.