Apr 18, 2019 10:43 PM IST
The consumer businesses were the saviour. Margins in retail improved and Jio’s quarterly performance remains robust.
- Apr 06, 2017 09:04 AM IST
ITC, UPL, Dr. Reddy's, among others are being watched by analysts, while steel and oil and gas too remain on their radar.
- Jan 17, 2017 09:42 AM IST
Rohit Ahuja of Religare maintains a positive stance on Reliance Industries (RIL) after the company reported third quarter earnings Monday. Ahuja expects the earnings before interest and tax (EBIT) margins for the petrochemicals segment to improve to Rs 3,600 in the fourth quarter of FY17.
- Oct 27, 2016 02:40 PM IST
IOC's net profit has slipped 62 percent at Rs 3122 crore in July-September from Rs 8269 crore in quarter-ago period. During the period, its total income slipped 6.5 percent at Rs 1 lakh crore compared to Rs 1.07 lakh crore in last quarter.
- Oct 20, 2016 05:17 PM IST
Petrochemical major Reliance Industries' quarterly earnings beat analysts' estimates on Thursday with standalone profit rising 17.9 percent year-on-year (up 2 percent quarter-on-quarter) to Rs 7,704 crore, driven by petchem as well as refinery businesses.
- Oct 19, 2016 04:57 PM IST
Petrochemical major Reliance Industries (RIL) is expected to report standalone profit at Rs 7,266 crore for July-September quarter against Rs 7,548 crore in preceding period, according to average of estimates of analysts polled by CNBC-TV18.
- Sep 08, 2016 11:45 AM IST
While Chennai Petroleum Corp (CPCL) reported halving of its June quarter net profit on lower refinery margin, the management expects crude throughput to improve in the coming quarters.
- Aug 31, 2016 04:42 PM IST
BPCL's marketing and refining segments saw a healthy growth, said P Balasubramanian, Director Finance of the company.
- Aug 31, 2016 03:55 PM IST
Operating profit (EBITDA - earnings before interest, tax, depreciation and amortisation) grew by 3 percent year-on-year to Rs 3,919 crore and margin expanded by 37 basis points to 6.87 percent in June quarter.
- Aug 29, 2016 07:57 PM IST
In an interview to CNBC-TV18 after the company reported strong first quarter earnings, Ashok said he is hopeful crude prices will remain range-bound this year helping IOC limit inventory losses or even post inventory gains.
- Aug 29, 2016 02:17 PM IST
Gross refining margins in Q1 was at USD 9.98 per barrel from USD 10.77 per barrel in corresponding quarter last fiscal.
- Aug 22, 2016 05:16 PM IST
Gross refining margin (GRM), the difference between total value of petroleum products and price of crude, stood at USD 6.83 a barrel during the quarter against USD 8.56 a barrel, which was far ahead of expectations of USD 4.9 per barrel.
- Jul 21, 2016 10:24 AM IST
In an interview to CNBC-TV18 Mayuresh Joshi of Angel Broking shared his reading and outlook on the market as well as on various stocks and sectors.
- Jul 19, 2016 07:22 PM IST
The company earned USD 11.5 on turning every barrel of crude oil into fuel compared to a GRM of USD 10.8 per barrel in the immediately preceding quarter while the Singapore benchmark slipped to USD 5 from USD 7.7 per barrel over the same period.
- Jul 15, 2016 05:11 PM IST
Reliance Industries' first quarter gross refining margin surged to USD 11.50 a barrel for the quarter ended June 2016 from USD 10.8 a barrel in March quarter.
- Jul 04, 2016 11:08 AM IST
Retail prices of kerosene have been increased by 25 paise per litre as of now and J Ramaswamy, Director Finance of HPCL is hopeful the government will take the right pricing action in future as well.
- Jul 01, 2016 10:50 AM IST
IOC Chairman B Ashok hopes the gross refining margins to be better, but refrains from putting a number ahead of the quarterly results. In the quarter gone by, the GRM was at USD 3 per barrel.
- May 27, 2016 11:43 AM IST
Entire oil marketing companies (OMCs) pack is buzzing on buyers' radar today with IOC and HPCL rising 7 and 8 percent respectively.
- May 26, 2016 05:37 PM IST
Lack of inventory losses may support bottomline but that may partially offset by lower refining margins. Gross refining margin is likely to decline at USD 5.8 a barrel against USD 7.9 a barrel in Q3.
- Apr 22, 2016 07:41 PM IST
Below are the highlights of Reliance Industries 4th quarter earnings
- Apr 22, 2016 05:45 PM IST
Reliance Industries has posted standalone net profit at Rs 7320 crore in the January-March quarter. During the quarter, gross refining margins (GRMs) stood at USD 10.80 per barrel.
- Mar 18, 2016 10:05 AM IST
P Balasubramanian, Director-Finance, BPCL says impact of a rise in oil prices will be very small on the margin.
- Mar 04, 2016 03:17 PM IST
CPCL has initiated efforts to reduce working capital requirement by reducing credit period to 10 days (from 16 days) for products sold to IOC and better inventory management initiatives (now 35 days against 52 days earlier).
- Jan 20, 2016 11:01 AM IST
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
- Oct 16, 2015 06:08 PM IST
Mayuresh Joshi of Angel Broking reacted by saying it is a clear beat â€” exceptional set of numbers on the refining as well as on the petchem side