Reliance Industries (RIL) announced its results for the third quarter ended December 2015 on Tuesday post market hours.
Reliance Industries (RIL) announced its results for the third quarter ended December 2015 on Tuesday post market hours. For the quarter ended December 2015, the company posted a consolidated net profit of Rs 7,290 crore, up 38.69 per cent year-on-year, against Rs 5,256 crore in the corresponding quarter a year ago.
Below are the key highlights of consolidated and standalone result of RIL
HIGHLIGHTS OF QUARTER’S PERFORMANCE (CONSOLIDATED)
Revenue (turnover) decreased by 23.9 per cent to Rs 73,341 crore ($ 11.1 billion)
PBDIT increased by 24 per cent to Rs 13,778 crore ($ 2.1 billion)
EBIT margin at 11 per cent, up by 535 basis points
Profit Before Tax increased by 38.6 per cent to Rs 9,724 crore ($ 1.5 billion)
Cash Profit (excluding exceptional item) increased by 22.8 per cent to Rs 10,485 crore ($ 1.6 billion)
Net Profit increased by 38.7 per cent to Rs 7,290 crore ($ 1.1 billion)
HIGHLIGHTS OF QUARTER’S PERFORMANCE (STANDALONE)
Revenue (turnover) decreased by 26 per cent to Rs 61,125 crore ($ 9.2 billion)
Exports decreased by 37.5 per cent to Rs 36,564 crore ($ 5.5 billion)
PBDIT increased by 30.7 per cent to Rs 12,561 crore ($ 1.9 billion)
Profit Before Tax increased by 44.1 per cent to Rs 9,547 crore ($ 1.4 billion)
Cash Profit increased by 31.9 per cent to Rs 9,699 crore ($ 1.5 billion)
Net Profit increased by 41.9 per cent to Rs 7,218 crore ($ 1.1 billion), at record level
Gross Refining Margin of $11.5 per barrel for the quarter, highest in last seven years
CORPORATE HIGHLIGHTS FOR THE QUARTER (3Q FY16)
In December 2015, RIL has won the Platts Global Energy Award in the Corporate Social
Responsibility (CSR) category.