Below are the highlights of Reliance Industries' 4th quarter earnings:Annual- Record annual consolidated PBDIT of Rs 52,503 crore, up 14.2 percent- Record annual consolidated net profit of Rs 27,630 crore, up 17.2 percent- Record annual refining and petrochemicals segment EBIT- Capital expenditure exceeds Rs 1,00,000 crore in the year- Refining EBIT up 49 percent to Rs 23,598 crore- 7 year high GRM of USD 10.8/bbl for FY16 v/s 8.6 in FY15- Record crude throughput of 69.6 MMT (utilisation of 112 percent)- Big EBIT margin expansion - EBIT margin at 10 percent v/s 4.7 percent in FY15- Petrochem EBIT of Rs 10,221 crore, up 23 percent YoY- Strong volume growth in Petrochemicals, up 12 percent YoY to 24.7MMT reflecting start-up of PTA and PET capacities- EBIT margins expanded 380 bps from 8.6 percent to 12.4 percent- Retail FY16 sales at Rs 21,612 crore, up 22.5 percent YoY- Retail operations now has 3,245 stores across 532 cities. Quarterly- Record quarterly consolidated PBDIT of Rs 13,994 crore, up 16.9 percent- Record quarterly consolidated net profit of Rs 7,398 crore, up 15.9 percent- GRM of USD 10.8/bbl, crude throughput of 17.8MMT, outperforming Singapore benchmark by USD 3.1/bbl- Retail business achieved sales of Rs 5,781 crore during the quarter up 21 percent YoY, with EBIT of Rs 131 crore up 26 percent YoY.Disclosure: Network 18, which publishes moneycontrol.com, is now part of the Reliance Group.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.