Wednesday, 20 January 2016

RIL's net margins negative in E&P busienss: Will the company go ahead with fresh investments even if gas prices are freed?

RIL's E&P business has posted an operating profit of Rs 90 crore in the third quarter of 2015-16 on revenues of a mere Rs 1,765 crore in comparison to a PBIT of Rs 242 crore on revenues of Rs 2,841 crore in the previous.

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