RIL says PFY, PSF & PET production volumes rise to 19% in Q1
27 Jul '05
11 min read
The Company's production of oil & gas and petrochemicals, including toll conversion, is 3.18 million tonnes during the quarter.
The Company's refinery operated at 96% capacity utilisation and processed 7.92 million tonnes of crude during the quarter.
Exports including deemed exports were Rs. 7,144 crores (US$ 1,642 million) as against Rs. 5,102 crores for the corresponding previous quarter, an increase of 40%.
The Company's operations have helped the nation save precious foreign exchange to the tune of Rs. 11,111 crores (US$ 2,553 million), as against Rs 8,786 crores for the corresponding previous quarter, an increase of 26%.
For the quarter ending September 30, 2005 the Company expects to announce its results in the second half of October 2005.
Management Discussion & Analysis for the quarter ended June 30, 2005.
Turnover for the quarter ended June 30, 2005 was Rs. 19,884 crores (US$ 4,569 million), up 26% from the corresponding previous quarter. Net profit for the quarter increased 61% to Rs. 2,310 crores (US$ 531 million).
Increase in sales reflects the impact of increase in product selling prices of 21% and increase in sales volume of 5% as compared to the corresponding previous quarter.
Exports, including deemed exports, were Rs. 7,144 crores (US$ 1,642 million) as against Rs. 5,102 crores during the corresponding previous quarter, an increase of 40%.
The Company's production of oil & gas and petrochemicals, including toll conversion was 3.18 million tonnes during the quarter as against 3.19 million tonnes in the corresponding previous quarter.
marketing@alchempro.com
