 "RIL Q1 consolidated net at Rs 7,464 cr")
Reliance Industries (RIL) was up 3.5% to Rs 1,465, also its fresh 52-week high on BSE in early morning trade, after the company reported 12.3% year on year (Y-o-Y) growth in consolidated net profit at Rs 8,046 crore for the fourth quarter ended March 2017 (Q4FY17). The company’s turnover in the March quarter rose 45.2 % Y-o-Y to Rs 92,889 crore.
The company’s gross refining margins (GRMs) for the quarter were at $11.5 per barrel, against $10.8 per barrel reported in the December quarter. Analysts were expecting GRMs of $10-10.5 in the March quarter.
RIL generated its highest
The company’s gross refining margins (GRMs) for the quarter were at $11.5 per barrel, against $10.8 per barrel reported in the December quarter. Analysts were expecting GRMs of $10-10.5 in the March quarter.
RIL generated its highest
