RELIANCE INDUSTRIES - Q3FY16 NUMBERS BEATS ALL ESTIMATES!
By
Research Desk
about 8 years ago
By Premium Bureau
Reliance Industries posted a set of, as estimated, super numbers for Q3FY16. It actually beat all expectations and after a long time, pleasantly surprised one and all. This is very good news for the market when it opens tomorrow and hopefully, the momentum of this good performance from RIL, will propel the indices into the green.
The company’s gross refining margin came in at US$ 11.5 a barrel for the quarter/s US$10.6 per barrel in Q2 – a new high since 2008. Surely a big cheer for RIL!
