Q4FY17 Results: Reliance Industries
DSIJ Intelligence / 24 Apr 2017
The company reported PAT of Rs 8053 crore, which represents a sequential QoQ increase of 7.03 per cent and a YoY increase of 11.54 per cent.
Reliance Industries Ltd. reported its results for the quarter ended March 31, 2017 today. The consolidated numbers were strong across the board.
The company reported total sales of Rs. 84823 crore for Q4FY17, which represents a 6.82 per cent sequential increase and 42.09 per cent YoY increase.
Its operating profit (EBIT) for the quarter amounted to Rs 8879 crore and its EBIT margin stood at 10.47 per cent.
The company reported PAT of Rs 8053 crore, which represents a sequential QoQ increase of 7.03 per cent and a YoY increase of 11.54 per cent.
The company's stock opened at Rs 1416 on the BSE and rose 1.19 per cent at the close of today’s trading session.
Reliance Industries Ltd is a private sector company in India. The company is engaged in span exploration and production of oil and gas, petroleum refining and marketing, petrochemicals (polyester, fiber intermediates, plastics and chemicals), textiles, retail and special economic zones. Reliance Industries Ltd has manufacturing facilities in Allahabad, Barabanki, Dahej, Hazira, Hoshiarpur, Jamnagar, Nagothane, Nagpur, Naroda, Patalganga, Silvassa and Vadodara.
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