Oct 16, 2015 04:35 PM IST
The petrochemical major reported a revenue of Rs 60,817 crore for the quarter compared to Rs 65,817 crore in preceding quarter
- Oct 10, 2015 05:53 PM IST
According to Fitch Ratings, the improved APAC refining margins in 1H15 are not likely to be sustainable, as evident from the correction in 3Q industry gross refining margins (GRM). The rating agency believes that, the industry environment will be challenging with volatile crude-oil prices.
- Sep 10, 2015 08:38 AM IST
S Varadarajan, Chairman & MD, BPCL says the company's gross refining margins (GRMs) will be fairly steady and the company will increase its Bina refinery's capacity to 7.8 million tonne in the near-future and targets 15 MT refining capacity for each of its units.
- Aug 14, 2015 11:29 AM IST
According to a CNBC-TV18 poll, EBITDA is seen at Rs 2800 crore in Q1 against Rs 1983 crore in year-ago period. Adjusted EBITDA (for subsidy) is seen at Rs 2600 crore verus Rs 1480 crore year-on-year.
- Jul 27, 2015 09:01 AM IST
Reliance' first quarter standalone net profit rose by 1.2 percent quarter-on-quarter to Rs 6,318 crore compared to Rs 6,243 crore in March quarter.
- Jul 24, 2015 07:44 PM IST
Catch Alok Agarwal, chief financial officer, Reliance Industries detail the company's Q1 numbers.
- Jul 24, 2015 06:20 PM IST
The gross refining margin (GRM) of the petrochemical major surpassed street expectations, up 3 percent to hit a 6-year high of USD 10.40 a barrel in June quarter against USD 10.1 a barrel in previous quarter (USD 8.7 a barrel in Q1FY15).
- Jun 19, 2015 12:45 PM IST
The first quarter gross refining margins (GRMs), deregulation and LPG direct benefit transfer scheme are all being seen as positives for the divestment and hence the timing is considered to be right.
- May 29, 2015 12:50 PM IST
In an interview with CNBC-TV18, MRPL MD H Kumar said the company's fiscal year 2014-15 results were affected by inventory losses of about Rs 2,700 crore.
- Apr 17, 2015 04:43 PM IST
In an interview with CNBC-TV18‘s Menaka Doshi and Anuj Singhal, IIFL AVP â€“ Research Prayesh Jain, Destimoney President Prayesh Jain and Angel Broking Fund Manager Mayuresh Joshi discussed Reliance Industries fourth-quarter earnings.
- Apr 17, 2015 04:00 PM IST
Reliance Industries's fourth quarter standalone net profit surpassed street expectations on Friday, rising 22.8 percent (up 10.9 percent on yearly basis) to Rs 6,243 crore driven by strong operational performance in refining business. CNBC-TV18 poll had expected profit at Rs 6,000 crore for the quarter.
- Feb 13, 2015 02:12 PM IST
State-run oil retailer Bharat Petroleum Corporation (BPCL) has turned profitable with the third quarter net profit at Rs 551 crore against loss of Rs 1,089 crore in same quarter last fiscal. Higher other income and lower finance cost boosted profitability.
- Jan 19, 2015 02:55 PM IST
Prayesh Jain Oil & Gas Analyst, IIFL is convinced by RIL management's assurance that the company's key projects belonging to petchem and refining side will help double EBITDA in next two years.
- Jan 16, 2015 07:59 PM IST
Reliance Industries on Friday matched street expectations by reporting profit of Rs 5,085 crore for the December quarter, down 11.4 percent compared to Rs 5,742 crore in previous quarter on standalone basis.
- Nov 24, 2014 05:47 PM IST
IOC's second quarter earnings were weak "because of lower refining margins and inventory valuation losses," Moody's Investor Service said in a report.
- Feb 12, 2014 05:30 PM IST
Speaking to CNBC-TV18, S Varadarajan, chairman and managing director, BPCL, shares his views on the company‘s propects, subsidies and the road ahead.
- Jan 20, 2014 03:24 PM IST
Most brokerages have maintained that Reliance Industries business profile is poised to improve going ahead with minor hiccups.
- Jan 17, 2014 05:56 PM IST
Quarterly net revenues of the Mukesh Ambani flagship stood at Rs 1.03 lakh crore, up 10 percent year-on-year, and slightly lower than the CNBC-TV18 poll estimate of Rs 1.04 lakh crore.
- Jan 17, 2014 01:17 PM IST
TCS is down over 5 percent post announcing its third quarter results. Wipro is also trading lower ahead of its earnings.
- Oct 15, 2013 11:10 AM IST
RIL's second quarter net profit grew 2.6 percent quarter-on-quarter (up 1.5 percent on yearly basis) to Rs 5,490 crore, supported by strengths in its petrochemical and refining businesses. A CNBC-TV18 poll had estimated that Reliance would report a net profit of Rs 5,400 crore.
- Sep 30, 2013 12:29 PM IST
Currently, diesel is priced at trade parity, of which 80 percent is import price and 20 per cent export rate.
- Aug 14, 2013 06:03 PM IST
LK Gupta, MD & CEO of Essar Oil believes that it will be able to reach a reasonable figure of debt to EBITDA in next two years time.
- Aug 14, 2013 12:27 PM IST
State-run oil retailer BPCL posted a net profit of Rs 150 crore during April-June quarter as against a loss of Rs 8,840 crore in a year ago period. The profit was without government compensation.
- Jul 31, 2013 12:39 PM IST
CPCL's gross refining margin (GRM) for Q1 stood at USD 4.30 per barrel. Basu hopes to maintain it at current level if crude prices continue to remain stable.
- Jul 19, 2013 06:47 PM IST
Gagan Dixit, Oil & Gas Expert of Quant Capital believes that Reliance Industries first quarter earnings were mainly benefited due to sharp fall in rupee.