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Ril Declares 47.5% Interim Dividend

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BUSINESS STANDARD

Reliance Industries Ltd (RIL) today declared an interim dividend of 47.5 per cent for 2001-02, raising it from 42.5 per cent last year.

The dividend will result in an outgo of Rs 551 crore, Reliance Industries said in a press release.

Also, group company Reliance Petroleum (RPL) declared a 5 per cent interim dividend for the year, resulting in an outgo of Rs 287 crore.

Last year, too, Reliance Petroleum had paid out a dividend of 5 per cent.

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First Published: Mar 04 2002 | 12:00 AM IST

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