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Reliance Industries‘ fourth quarter net profit of Rs 4,236 crore just fell short of the street estimate of Rs 4,300 crore. It was down 21% year-on-year. Sales, however, grew 16% to Rs 87,833 crore.
Oil & gas producer Reliance Industries is expected report a profit after tax of Rs 4,300 crore in the January-March quarter of FY12, degrowth of 3.2% as compared to Rs 4,440 crore in the previous quarter, according to CNBC-TV18 poll.
Oil & gas producer Reliance Industries is expected report a profit after tax of Rs 4,300 crore in the January-March quarter of FY12, degrowth of 3.2% as compared to Rs 4,440 crore in the previous quarter.
R K Global has come out with its earnings estimates on Reliance Industries for March FY12. According to the research firm, company's Q4FY12 sales are likely to go up by 2.8% at Rs 74705.9 crore, Year-on-Year (YoY) basis.
Reliance Industries remains under pressure ahead of its earnings results due out on Friday. Doubts about how much natural gas can be extracted from Reliance's KG D6 blocks, and worries over its refining margins, as well as its usage of cash, have led to a string of analyst downgrades in recent weeks.
Motilal Oswal has come out with its earnings estimates on Reliance Industries for March quarter FY12. According to the research firm, the company's Q4FY12 sales are likely to go up by 28.5% at Rs 93400 crore, Year-on-Year (YoY) basis.
Angel Broking has come out with its earnings estimates on Reliance Industries for March FY12. According to the research firm, company's Q4FY12 sales are likely to go up by 16.5% at Rs 84669 crore, Year-on-Year (YoY) basis.
KRChoksey has come out with its earnings estimates on Reliance Industries for March FY12. According to the research firm, company's Q4FY12 sales are likely to go up by 20% at Rs 90,639 crore, Year-on-Year (YoY) basis.
Prabhudas Lilladher has come out with its earnings estimates on Reliance Industries for March FY12. According to the research firm, company's Q4FY12 sales are likely to go up by 18.3% at Rs 85950.5 crore, Year-on-Year (YoY) basis.
Emkay has come out with its earnings estimates on Reliance Industries for March FY12. According to the research firm, company's Q4FY12 sales are likely to go up by 25.3% at Rs 91095.2 crore, Year-on-Year (YoY) basis.
Prabhudas Lilladher has come with its March quarterly earning estimates for Oil & Gas sector. As per the research firm, Crude oil witnessed significant increase during the quarter, with Brent oil prices increasing to an average of US$118.5/bbl, with prices ranging between US$108- 126/bbl.
SP Tulsian of sptulsian.com says if one takes the EBIT numbers in the oil & gas segment, there is a fall of about Rs 200 crore. But, he does see advantages.
RIL Results - More and more money out of money, less and less money out of Oil, says Jagannadham Thunuguntla, Strategist & Head of Research, SMC Global Securities Limited.
This is a shocker and sure to erode a lot of sentiments on Monday. RIL has posted a net profit of Rs 4440 crore, down 13.6% year-on-year on the back of lower refining and petchem margins. Sales, however grew 40.2% to Rs 87,480 crore.
With Reliance Industries’ buyback coming in lower than expectations, experts tell CNBC-TV18 that this may not be enough to protect the stock come Monday morning.
Reliance Industries (RIL), flagship company of Reliance Group is going to announce its third quarter results. According to CNBC-TV18's estimates, the company's Q3 net sales is going to be up 3.4% at Rs 81250 crore versus Rs 78569 crore quarter-on-quarter (QoQ).
Traders and investors at Dalal Street will be keen to watch the TV screens post closing bell as India's largest company by market-cap Reliance Industries is all set to make the headline this evening with its quarterly results.
Emkay Global Financial Services has come out with its earning estimates on Oil & Gas sector for the quarter ended December 2011. According to the research firm, Reliance Industries December quarter net sales are expected to go up by 44.9% at Rs 86,641 crore, year-on-year, (YoY) basis.
KRChoksey has come out with its earning estimates on Oil & Gas sector for the quarter ended December 2011. According to the research firm, Reliance Industries December quarter net sales are expected to go up by 37% at Rs 81,780 crore, year-on-year, (YoY) basis.
Reliance Industries Limited (RIL) is the flagship company of Reliance Group is to announce its third quarter results. According to CNBC-TV18's estimates, the company's Q3 net sales are seen up 3.4% at Rs 81250 crore versus Rs 78569 crore, quarter-on-quarter, QoQ.
Reliance Industries (RIL) will post its December quarter results on Friday but analysts don't seem to be upbeat about its numbers
Angel Broking has come with its December quarterly earning estimates for Oil and Gas sector. According to the research firm, during 3QFY2012, Brent crude oil price decreased by 3.2% qoq on the expectation of increased supply and weaker macro-economic environment.
Motilal Oswal has come with its December quarterly earning estimates for Oil and Gas sector. According to the research firm, for Q3FY12, under-recoveries are expected to increase 56% QoQ to INR336b, led by high oil prices, increased international diesel prices and rupee depreciation.
KRChoksey has come with its quarterly earning estimates for Oil and Gas sector.
Emkay Global Financial Services has come with its December quarterly earning estimates for Oil and Gas sector. According to the research firm, For Q3FY12, under-recoveries on sale of HSD, SKO and LPG have increased to Rs.300bn as against Rs.214bn in Q2FY12.