RIL Results PAT 5703 Cr & GRM @ USD 10.10 per barrel (CNBC)

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Mukesh Ambani group's flagship company Reliance Industries (RIL) second quarter results are in line with market expectations.

The company's Q2 net profit was up 15.8% at Rs 5703 crore versus Rs 4923 crore.

Its net sales were up 36% at Rs 78,569 crore versus Rs 57,479 crore.

According to CNBC-TV18 estimates, net profit was expected at Rs 5,750 crore and net sales were seen at Rs 79,800 crore.

The company's other income was up 63.99% at Rs 1,102 crore versus Rs 672 crore, YoY.
Its EPS was up 15.23% at Rs 17.40 versus Rs 15.10, YoY.
It petchem revenue was up 39.74% at Rs 21,100 crore versus Rs 15,100 crore, YoY
Its refining revenue was up 37.02% at Rs 68,100 crore versus Rs 49,700 crore, YoY.
Its Oil & Gas revenue was down 17.21% at Rs 3,560 crore versus Rs 4,300 crore, YoY.
Its gross refining margin at USD 10.10 per barrel.