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RIL - Q3 FY13-First Cut - Microsec
Posted On : 2013-01-19 11:44:20( TIMEZONE : IST )
Reliance Industries Limited(RIL) announced its Q3'13 results on January18, 2013.
RIL reported a net sales of INR93886cr which expanded by ~4% on QoQ basis while its PAT stood at INR5502 cr which is up by staggering ~24% on YoY basis. RIL's GRM came at $9.60/bbl vs $9.50/bbl QoQ. Management opines that their Q3 performances improved owing to margin expansion in petchem business. Also mentioned that they are investing over INR1,00,000crore to expand the refining business.
Outstanding debt as on 31/12/2012 stood at INR72266 crore. Cash & cash equivalents as on 31/12/2012 is at INR80962 crore.
