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  • Reliance beats estimates, Q2 profit up 4%, GRM at 7-yr high Oct 16, 2015 04:35 PM IST

    Reliance beats estimates, Q2 profit up 4%, GRM at 7-yr high

    The petrochemical major reported a revenue of Rs 60,817 crore for the quarter compared to Rs 65,817 crore in preceding quarter

  • Asian refiners face lower margins: Fitch Oct 10, 2015 05:53 PM IST

    Asian refiners face lower margins: Fitch

    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.

  • Intend to increase Bina unit's capacity to 15 MT: BPCL Sep 10, 2015 08:38 AM IST

    Intend to increase Bina unit's capacity to 15 MT: BPCL

    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.

  • BPCL Q1 net seen at Rs 1700cr, GRMs may drive profitability Aug 14, 2015 11:29 AM IST

    BPCL Q1 net seen at Rs 1700cr, GRMs may drive profitability

    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.

  • Like RIL's Q1 nos, but maintain Rs 1300 target: IIFL Jul 27, 2015 09:01 AM IST

    Like RIL's Q1 nos, but maintain Rs 1300 target: IIFL

    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.

  • Q1 refining biz had highest earnings ever, says RIL CFO Jul 24, 2015 07:44 PM IST

    Q1 refining biz had highest earnings ever, says RIL CFO

    Catch Alok Agarwal, chief financial officer, Reliance Industries detail the company's Q1 numbers.

  • Experts hail RIL GRM @ $10.4/bbl, say buy for long-term Jul 24, 2015 06:20 PM IST

    Experts hail RIL GRM @ $10.4/bbl, say buy for long-term

    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).

  • Govt planning IOC divestment post Q1 nos Jun 19, 2015 12:45 PM IST

    Govt planning IOC divestment post Q1 nos

    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.

  • Hoping to sustain Q4's robust run into FY16: MRPL May 29, 2015 12:50 PM IST

    Hoping to sustain Q4's robust run into FY16: MRPL

    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.

  • RIL Q4 strong but in line; stock to outperform: Analysts Apr 17, 2015 04:43 PM IST

    RIL Q4 strong but in line; stock to outperform: Analysts

    In an interview with CNBC-TV18‘s Menaka Doshi and Anuj Singhal, IIFL AVP – Research Prayesh Jain, Destimoney President Prayesh Jain and Angel Broking Fund Manager Mayuresh Joshi discussed Reliance Industries fourth-quarter earnings.

  • RIL Q4 profit jumps 22.8% to Rs 6243 cr, GRM at $10.1/bbl Apr 17, 2015 04:00 PM IST

    RIL Q4 profit jumps 22.8% to Rs 6243 cr, GRM at $10.1/bbl

    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.

  • BPCL reports Q3 profit Rs 551 cr, inventory loss Rs 1600 cr Feb 13, 2015 02:12 PM IST

    BPCL reports Q3 profit Rs 551 cr, inventory loss Rs 1600 cr

    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.

  • Reliance key projects to double EBITDA, maintain buy: IIFL Jan 19, 2015 02:55 PM IST

    Reliance key projects to double EBITDA, maintain buy: IIFL

    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.

  • RIL Q3: GRM, Petchem numbers in line, says experts Jan 16, 2015 07:59 PM IST

    RIL Q3: GRM, Petchem numbers in line, says experts

    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.

  • IOC's credit profile to improve, says Moody's Nov 24, 2014 05:47 PM IST

    IOC's credit profile to improve, says Moody's

    IOC's second quarter earnings were weak "because of lower refining margins and inventory valuation losses," Moody's Investor Service said in a report.

  • BPCL growing better now than in H1FY14: MD Varadarajan Feb 12, 2014 05:30 PM IST

    BPCL growing better now than in H1FY14: MD Varadarajan

    Speaking to CNBC-TV18, S Varadarajan, chairman and managing director, BPCL, shares his views on the company‘s propects, subsidies and the road ahead.

  • Brokerages remain optimistic of Reliance post Q3 Jan 20, 2014 03:24 PM IST

    Brokerages remain optimistic of Reliance post Q3

    Most brokerages have maintained that Reliance Industries business profile is poised to improve going ahead with minor hiccups.

  • RIL Q3 net flat on weak refining margin, higher input costs Jan 17, 2014 05:56 PM IST

    RIL Q3 net flat on weak refining margin, higher input costs

    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.

  • Sensex falls over 100 pts; Bank Nifty slips 1%, TCS dips 5% Jan 17, 2014 01:17 PM IST

    Sensex falls over 100 pts; Bank Nifty slips 1%, TCS dips 5%

    TCS is down over 5 percent post announcing its third quarter results. Wipro is also trading lower ahead of its earnings.

  • Reliance Industries jumps 3% on September quarter results Oct 15, 2013 11:10 AM IST

    Reliance Industries jumps 3% on September quarter results

    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.

  • Export parity may impact OMC GRMs by $2-2.50/bbl: Quant Sep 30, 2013 12:29 PM IST

    Export parity may impact OMC GRMs by $2-2.50/bbl: Quant

    Currently, diesel is priced at trade parity, of which 80 percent is import price and 20 per cent export rate.

  • Essar Oil eyes reasonable debt/EBITDA figures in next 2yrs Aug 14, 2013 06:03 PM IST

    Essar Oil eyes reasonable debt/EBITDA figures in next 2yrs

    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.

  • Strong Q1 & better GRM boost BPCL, stock up 6% Aug 14, 2013 12:27 PM IST

    Strong Q1 & better GRM boost BPCL, stock up 6%

    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.

  • Weak rupee hit Q1 margins; profits to revive by Q3: CPCL Jul 31, 2013 12:39 PM IST

    Weak rupee hit Q1 margins; profits to revive by Q3: CPCL

    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.

  • Rupee fall aided Reliance Ind Q1 results: Quant Capital Jul 19, 2013 06:47 PM IST

    Rupee fall aided Reliance Ind Q1 results: Quant Capital

    Gagan Dixit, Oil & Gas Expert of Quant Capital believes that Reliance Industries first quarter earnings were mainly benefited due to sharp fall in rupee.

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