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.
- Jan 19, 2016 05:22 PM IST
Reliance Industries put up a strong set of quarterly results, with both gross refining margins and petchem business coming ahead of many analysts' expectations.
- Jan 19, 2016 05:13 PM IST
Mayuresh Joshi of Angel Broking said the RIL's gross refining margins (GRMs) were in line with expectations while numbers of the refining business were ahead of expectations.
- Sep 20, 2015 03:46 PM IST
The upcoming petchem facility, adjacent to its Kochi refinery, once completed will produce 250 million tonne speciality propylene derivative products, which are fully imported now.
- Sep 15, 2015 06:57 PM IST
On the payments for Iran, IOC chairman B Ashok said the company has USD 500 million dollars in pending dues, and the government is discussing the modalities of the payment.
- Aug 24, 2015 03:15 PM IST
Falling oil prices hurt both the petrochemical and LPG segment of GAIL. The profit & loss impact of petchem expansion should also keep earnings depressed, Credit Suisse said.
- Jun 12, 2015 09:03 PM IST
Reliance Industries is in transformation mode. At the end of this transformation, the group will have a more customer-centric approach, with retail and telecom playing a much bigger role in the group's business.
- Jun 12, 2015 02:44 PM IST
Reliance Jio, the much-awaited 4G network hogged all the limelight at the 41st Reliance Industries‘ Annual General Meet held in Mumbai today.
- Jun 12, 2015 12:33 PM IST
Prayesh Jain of IIFL says the chairman's vision is like magnum opus but one will have to wait and see how it pans outs. "We will have to wait for the numbers to start trickling in. It will take atleast another year for the numbers to come in, only then will more clarity emerge on the valuation front," he adds.
- 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.
- Jan 17, 2014 07:33 PM IST
Ambareesh Baliga is positive on RIL‘s Q3 numbers and expects the stock to perform well.
- Jan 17, 2014 06:40 PM IST
Reliance Industries' net profit grew 0.4 percent sequentially (0.2 percent on yearly basis) to Rs 5,511 crore in the quarter ended December 2013, largely aided by other income. SP Tulsian, SP Tulsian.com shares his views on the companies December quarter numbers.
- Oct 14, 2013 07:09 PM IST
With oil and gas major delivering a set of numbers that were in line with what the street was expecting, analysts discuss how much value the stock can create for a shareholder.
- Jul 19, 2013 08:30 PM IST
Energy expert Narendra Taneja says that results from Reliance's quarterly performances were in line with the expectations. But, the E&P business will improve, going forward and petchem sector needs to pick up.
- Jul 19, 2013 06:54 PM IST
SP Tulsian of sptulsian.com told CNBC-TV18 that the Reliance's earnings for June quarter were in line with his expectations. However, petchem needs to improve if the market has to be happy with the company, he says.
- Jun 07, 2013 12:10 PM IST
Reliance Shares has not climbed much even after important announcements made in the 39th AGM held yesterday.
- Jun 06, 2013 04:14 PM IST
Reliance, India's fourth-largest company by market value, has been under pressure from investors worried by its slowing natural gas business and its drive into consumer sectors such as telecoms and retail.
- Jan 18, 2013 07:26 PM IST
Mehul Thanawala, vice-president â€“ research, JM Financial Institutional Securities explains that the performance of the refining and petchem divisions aided Reliance to beat the street‘s estimates.
- Jan 18, 2013 06:58 PM IST
CNBC-TV18 interviewd SP Tulsian of sptulsian.com to know his reaction on RIL's better-than-expected performance for the quarter ending in Decmber. Tulsian expects Petchem to outperform in future as well.
- Jan 18, 2013 06:42 PM IST
Prayesh Jain, oil and gas analyst, IIFL told CNBC-TV18 that the boost seen in the petchem segment was driven by the improvement in spreads rather than demand.
- Apr 13, 2012 09:56 AM IST
JP Morgan's re-initiated coverage of Reliance Industries, India's biggest energy conglomerate, with an "underweight" rating and a price target of Rs 650 citing a lack of earnings growth and high valuations.
- Jan 23, 2012 08:00 AM IST
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.
- Jan 17, 2012 12:48 PM IST
Reliance Industries (RIL) will post its December quarter results on Friday but analysts don't seem to be upbeat about its numbers
- Aug 26, 2011 08:14 AM IST
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