Moneycontrol PRO
Loans

business

RIL Q3 profit may slip on refining, petchem margins

Petrochemical margins for RIL stood at 10 percent in the previous quarter, which is unlikely to be repeated again, while gross refining margin (GRM) may fall to USD 7.5 per barrel, a nine-quarter low, from USD 7.7 per barrel in the previous quarter.

first published: Jan 17, 2014 08:33 am

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347