Beating private sector peers like Reliance Industries, when it comes to gross refining margins (GRM) is no mean achievement, and that is exactly what state-owned downstream company Indian Oil Corporation (IOC) managed to do in the first quarter of the current ... Deccan Herald, 6 days ago
Why private sector cos score better on refining margins? - Smart Investor, 1 month ago
'RIL to outperform peers with refining margin of $9.5 in Q1' - Economic Times, 2 months ago
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IOC's gross refining margin increased to $10.77 a barrel during the quarter BS Reporter | New Delhi August 14, 2015 Last Updated at 00:32 IST Indian Oil Corporation (IOC), the nation’s largest fuel retailer, has posted an over two-fold jump in its net ...Business Standard, 1 week ago IOC Q1 profit up 2.5-fold at Rs 6436cr, GRM beats estimates Money Control, 2 weeks ago HPCL meets street estimates with net profit at Rs 1588 cr Money Control, 3 weeks ago
The company had posted a profit after tax of Rs 1,216.3 crore in corresponding quarter of the last fiscal, it said in a stock exchange filing. BPCL had a gross refining margin (GRM) of USD 8.55 per barrel in the April-June quarter of the fiscal, as ...Jagran Post, 2 weeks ago Refining NZ posts strong half year profit of $65.2m, pays dividend Stuff.co.nz, 2 weeks ago Why Chennai Petro Shares Are Up 37% in 2 Days NDTV, 3 weeks ago Reliance plans $5bn oil investments 4 Traders, 1 month ago
NEW DELHI: The country's largest oil retailer, Indian Oil Corporation Limited on Thursday reported more than doubling of its net profit to Rs 6,436 crore for the first quarter riding on higher refining margins. The company reported a net profit of ...New Indian Express, 2 weeks ago IOC's Q1 profit doubles on higher refining margin Financial Express, 2 weeks ago IOC posts over two-fold jump in profits on higher refining margins DNA, 2 weeks ago HPCL's net profit up 35 times on higher gross refining margins Livemint.com, 3 weeks ago
Valero, the country's largest independent refiner, made a gross margin of more than $13 on every barrel of oil processed in the second quarter, and a net margin of almost $8.50, both the highest since 2007. - Bloomberg file picture LONDON: Low ...Times of Oman, 3 weeks ago Essar Oil UK going back in black during with $70 million net profit Economic Times, 2 months ago Essar Oil UK posts USD 70 mn profit in FY15 The Financial Chronicle, 2 months ago
The company earned $8.55 on turning every barrel of crude oil into fuel as compared to a gross refining margin of $3.38 per barrel in Q1 of last fiscal. Bharat Petroleum Twitter page State-owned Bharat Petroleum Corp Ltd (BPCL) on Friday ...DNA India, 2 weeks ago BPCL Profit Doubles to Rs 2,376 Cr in Q1 NDTV Profit, 2 weeks ago Bharat Petroleum Q1 Profit Doubles to Rs 2,376 Crore NDTV Profit, 2 weeks ago
IST on BSE on concerns that gross refining margins and inventory gains could come off in Q2 September 2015 due to a sharp fall in crude oil prices. HPCL (down 6.90%), BPCL (down 5.76%) and Indian Oil Corporation (down 5.37%), edged lower. The S BSE Sensex was ...Business Standard, 3 weeks ago
Gross refining margins may decline sequentially but improving petro-chem margins will boost earnings Reliance Industries, for a change, has outperformed the broader markets, rebounding from its closing lows of Rs 810 at the end of March 2015 to Rs 1,007 now. Jio’s launch might have helped, but not so much to boost the stock by 24 per cent in less than four months. While strong gross refining margins (GRM’s) had led to the initial spike despite weak crude prices, investments in core ...Rediff.com, 1 month ago Will Reliance repeat its strong show? Business Standard, 1 month ago
Gross refining margin of the petrochemical major surpassed street expectations, up 3 percent to hit a 6-year high of USD 10.40 a barrel in June quarter against USD 10.1 a barrel in previous quarter. GRM was expected at USD 9.50 a barrel, according to the ...Money Control, 1 month ago RIL Q1 net up 4.4% at Rs 6,134 cr The Financial Chronicle, 1 month ago RIL Q1 net up 4.4% at `6,134 cr The Financial Chronicle, 1 month ago
ally ahead of what we were expecting. We thought it would be of the order of $9.4 per barrel. To that extent, $10.4 is a sequential improvement." In a chat with ET Now, Prayesh Jain, Research Analyst, IIFL India Pvt Ltd, talks about RIL's latest results.Economic Times, 1 month ago
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