Outlining the group’s 'Value Creation Roadmap', Mukesh Ambani said the focus will be on building new growth engines while strengthening existing businesses to ensure sustained, long-term value creation.
Production from the company’s Krishna Godavari basin block or KG-D6 block rose 4 percent in fiscal 2024-25 to 28 million metric standard cubic metre per day (MMSCMD) of gas and 21,000 barrels of oil per day (BOPD).
The oil and gas segment of the company reported a fall of 1.2 percent in revenue from last year to Rs 6,103 crore on account of lower sales volume of KGD6 gas in line with a natural decline in production. Revenue of the segment was also impacted by lower gas price for CBM gas and lower crude price realisation, the company said.
The oil and gas revenue dipped slightly to Rs 6,440 crore as lower production and offtake from KG-D6 were partially offset by higher gas prices and increased CBM output.
Assam received investment proposals worth over Rs 2 lakh crore on the first day of Advantage Assam 2.0 with the energy sector securing a prominent share of the funds announced by companies including Reliance Industries Limited, Adani Group and Vedanta’s Cairn Oil & Gas.
RIL Q3 results: The oil and gas segment of the company reported a fall of 5.2 percent in revenue from last year to Rs 6,370 crore on account of lower production from the KGD6 block.
Reliance Industries, Paytm, Ola Electric were among the top gainers and losers in trade on January 8
The world’s largest integrated, single-site refinery complex — the Jamnagar refinery — has the highest crude processing capacity globally of 1.4 million barrels per day (mmbpd)
Unfavourable demand-supply balance led to around 50 percent decline in transportation fuel cracks and continued weakness in downstream chemical deltas, the company said.
Jio Platforms, which houses RIL’s digital services businesses, reported a record quarterly profit of Rs 6,536 crore
Investors took home a bonus on the day of the AGM but can also expect a meaningful boost to valuations from the projected growth in its new energy, media and telecom businesses
Reliance Industries Limited is actively investing in new capacities and capabilities to meet the energy demand growth in India, said Chairman and Managing Director Mukesh Ambani
RIL chairman Mukesh Ambani will lead the meeting with his address, which will be followed by speeches and presentations from other board members and representatives from the company's subsidiaries.
From utilising agro and organic waste to produce biogas and organic fertilisers alongside reducing carbon emissions, the biogas industry is environment friendly and adds value to the economy. The biogas sector hopes big ticket investments will smoothen supply chains, policies, and project clearances for everyone
Jio AirFiber will be launched on Ganesh Chaturthi, and riding on that, the company will also offer Jio SmartHome solutions, which offers a gamut of services, like security, entertainment, connected appliance control, etc
RIL will simultaneously set up a fully-integrated, automated, giga-scale electrolyser manufacturing facility, Ambani said
RIL is developing a manufacturing ecosystem critical to achieving cost-efficient wind power generation at giga scale. It is also going to scale up its energy storage project for round-the-clock renewable energy for its captive requirements as well as the growing electricity demand of the country.
Reliance Industries (RIL), India's most valued company, will announce its first quarterly financial results on July 21. The outlook for RIL stocks from a derivatives perspective remains positive, with a buy-on-dips strategy recommended by analysts. Implied Volatility Percentile (IVP) is at 96%, indicating a higher chance of IV crush post-results.
Industry experts feel the iconic desi cola will require more than heritage value and nostalgia to create a stir.
Jio-bp has announced that it has installed the first set of EV charging points at Piramal Vaikunth in Thane.
Reliance will create 50,000 new job opportunities in Andhra Pradesh and will promote sale of products made in the state through retail business, Chairman Mukesh Ambani said while addressing the ongoing Andhra Pradesh Global Investors Summit 2023.
OMCs’ margins will be weighed down, according to the brokerage.
RIL Q3 earnings Highlights: Reliance Industries' PAT (before considering impact of exceptional item for 3Q FY22) marginally improved by 0.6 percent YoY at Rs 17,806 crore.
Billionaire businessman Mukesh Dhirubhai Ambani today completes 20 years as the head of Reliance Industries Limited (RIL). From oil to telecom businesses, RIL has grown tremendously under the leadership of Mukesh Ambani. He took over the reins of the company after the demise of his father and Reliance founder Dhirubhai Ambani. In the last 20 years, RIL has achieved many milestones. Here is a look at some remarkable feats.
On October 21, RIL announced that shareholders will get one share of Jio Financial Services for every one share held in the company by them.