Reliance Industries has posted another good set of numbers with 18% jump in profits for quarter ended June’16, on top of similar 16% jump in the previous quarter. Its core margin remains intact with cost of goods and trade, as a percent of sales coming down from 75% to 70% y-o-y, giving a huge room for … Continue reading Reliance Industries – Beneath the quarterly numbers..
Reliance Industries has posted another impressive results with 16% growth in consolidated profits for March’16 quarter, even though total income has decline by 11%. The income decline is on account of sharp decline in crude and product prices.However, the company has managed to protect its refining margins. The E & P (classified as Oil & Gas segment), recorded … Continue reading Reliance Industries, Q 4'16 results..