Ril Q1

Citroen India on Friday announced a strategic partnership with Jio-Bp, a fuels and mobility joint venture between Reliance Industries (RIL) and bp, to build electric vehicle infrastructure and services across its network.

Reliance Industries revenue in retail segment was impacted by the second wave of Covid-19 pandemic.

Reliance Industries said COVID-19 impacted the group's operations and revenue during the quarter.

Reliance Industries (RIL) will announce its June quarter earnings on July 30, 2020, instead of July 24 as was earlier intimated, the company said in filing to the stock exchanges.

All the 19 sector gauges compiled by BSE ended lower led by the S&P BSE Auto and Metal indexes over 2 per cent declines.

The share price of RIL on BSE stood at Rs 1,176.35, higher by 26.65 points 2.32 per cent from its previous close.

Reliance Jio posted a third straight quarterly net profit, as its cut-price plans continued to bring in more customers.

Analysts polled by Reuters had expected Reliance Industries to post a standalone profit of Rs 7,993 crore.

Reliance Industries shares jumped over 2 per cent on Monday, following the energy major's earnings beat in the June quarter. RIL's Q1 result was announced post market hours on Friday.

Energy-to-retail giant Reliance Industries (RIL) is expected to report a 6 per cent year-on-year rise in its net profit for the first quarter ended June 2016.

Analysts remain positive on RIL. Sushil Choksey, director of Rosy Blue Securities, said that in Q1, the performance of RIL's core business was "brilliant". A GRM of $10 for this year looks achievable, he said.

A shift in investment from bank deposits to instruments like mutual funds (MFs) and government securities (G-Secs) has trimmed treasury profit for Reliance Industries to just over 29 per cent of the net income in the June quarter, from 40 per cent for many quarters.

Reliance is investing heavily to add capacity and expects its gross refining margin, or the profit it makes from each barrel of crude oil refined, to increase after the expansion is completed in two years.

Reliance said its gross refining margin, or the profit it makes from each barrel of crude oil refined, rose to a six-year high of $10.40 in the June quarter, compared with $8.7 in the same period a year earlier.

Reliance Industries on Friday reported a consolidated net profit of Rs 6,222 crore in the June quarter, meeting estimates. Sales jumped to Rs 77,130 crore as compared to Rs 67,470 crore in the March quarter.

Citroen India on Friday announced a strategic partnership with Jio-Bp, a fuels and mobility joint venture between Reliance Industries (RIL) and bp, to build electric vehicle infrastructure and services across its network.

Reliance Industries revenue in retail segment was impacted by the second wave of Covid-19 pandemic.

Reliance Industries said COVID-19 impacted the group's operations and revenue during the quarter.

Reliance Industries (RIL) will announce its June quarter earnings on July 30, 2020, instead of July 24 as was earlier intimated, the company said in filing to the stock exchanges.

All the 19 sector gauges compiled by BSE ended lower led by the S&P BSE Auto and Metal indexes over 2 per cent declines.

The share price of RIL on BSE stood at Rs 1,176.35, higher by 26.65 points 2.32 per cent from its previous close.

Reliance Jio posted a third straight quarterly net profit, as its cut-price plans continued to bring in more customers.

Analysts polled by Reuters had expected Reliance Industries to post a standalone profit of Rs 7,993 crore.

Reliance Industries shares jumped over 2 per cent on Monday, following the energy major's earnings beat in the June quarter. RIL's Q1 result was announced post market hours on Friday.

Energy-to-retail giant Reliance Industries (RIL) is expected to report a 6 per cent year-on-year rise in its net profit for the first quarter ended June 2016.

Analysts remain positive on RIL. Sushil Choksey, director of Rosy Blue Securities, said that in Q1, the performance of RIL's core business was "brilliant". A GRM of $10 for this year looks achievable, he said.

A shift in investment from bank deposits to instruments like mutual funds (MFs) and government securities (G-Secs) has trimmed treasury profit for Reliance Industries to just over 29 per cent of the net income in the June quarter, from 40 per cent for many quarters.

Reliance is investing heavily to add capacity and expects its gross refining margin, or the profit it makes from each barrel of crude oil refined, to increase after the expansion is completed in two years.

Reliance said its gross refining margin, or the profit it makes from each barrel of crude oil refined, rose to a six-year high of $10.40 in the June quarter, compared with $8.7 in the same period a year earlier.

Reliance Industries on Friday reported a consolidated net profit of Rs 6,222 crore in the June quarter, meeting estimates. Sales jumped to Rs 77,130 crore as compared to Rs 67,470 crore in the March quarter.