Jan 26, 2016 at 13:16 | Source: PTI
The massive delay in completing the project has led to a cost escalation of over Rs 3,500 crore at Rs 34,555 crore and an interest payout of Rs 7,500 crore, the company said.
Jan 20, 2016 at 11:01 | Source: Moneycontrol.com
The company reiterated that its downstream expansions remain on track and also guided for an additional USD3-3.5 billion in EBITDA from these projects. Launch of Jio, commissioning of Px and petcoke projects are key triggers in the next six months
Jan 19, 2016 at 16:48 | Source: Moneycontrol.com
"Benefits of low crude oil and energy prices for downstream businesses clearly outweigh the impact of these factors on upstream segment, reflecting in the record earnings for the quarter," said Mukesh Dhirubhai Ambani, Chairman and Managing Director.
Jan 19, 2016 at 10:18 | Source: CNBC-TV18
Analysts expect the company to beat expectations on GRM front. They see GRM at USD 12 a barrel for the quarter against USD 10.6 a barrel in preceding quarter and refining throughput 3 percent higher.
Nov 10, 2015 at 19:07 | Source: Moneycontrol.com
GRM Overseas has reported a sales total income from operations of Rs 75.77 crore and a net profit of Rs 0.70 crore for the quarter ended Sep '15
Nov 03, 2015 at 13:50 | Source: Moneycontrol.com
The company says average gross refining margin for April-September period was USD 5.76 a barrel against USD 0.09 a barrel in corresponding period of last fiscal.
Nov 02, 2015 at 17:41 | Source: CNBC-TV18
Analysts expect weak gross refining margin (GRM) at USD 2.5 a barrel during the quarter against USD 10.8 a barrel in previous quarter. Inventory losses are likely due to sharp decline in crude price over the quarter.
Oct 16, 2015 at 18:08 | Source: CNBC-TV18
Mayuresh Joshi of Angel Broking reacted by saying it is a clear beat exceptional set of numbers on the refining as well as on the petchem side
Oct 16, 2015 at 16:35 | Source: Moneycontrol.com
The petrochemical major reported a revenue of Rs 60,817 crore for the quarter compared to Rs 65,817 crore in preceding quarter
Oct 16, 2015 at 09:28 | Source: CNBC-TV18
Gross refining margin (GRM) is likely to be at around USD 9-9.5 a barrel against USD 10.4 a barrel in previous quarter. Singapore GRM was USD 6.2 a barrel in September quarter against USD 8 a barrel in June quarter.