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Gross Refining Margin

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O2C biz may drag RIL to another weak quarter

For Reliance Industries Ltd (RIL), the September 2024 quarter (Q2FY25) may turn out to be yet another weak one as refining margins drag, say analysts. Photograph: ANI Photo Two brokerage firms......

Listed firms log record operating cash flow of Rs 11.1 trn in FY24

Indian companies are generating more cash than ever. Illustration: Dominic Xavier/Rediff.com The net cash flow from listed firms’ operations hit a new high of Rs 11.1 trillion in financial......

Any correction in oil marketing companies could be a buying opportunity

Trends in the global energy markets are crucial if India's growth outlook is to remain healthy. Photograph: Dado Ruvic/Reuters Prices for the Indian crude basket were averaging around $86.2 per......

The petrochemical shift that could quench LPG output thirst

India may have to lean more on West Asian nations for supplies of liquefied petroleum gas (LPG), a cooking fuel, in the coming years after Indian state-run refiners drew up big plans to diversify......

Stock market positive on Thermax despite profit margin decline in Q1

Thermax reported 13 per cent Y-o-Y revenue growth with operating profit margin decline in Q1FY25. Photograph: Kind courtesy, Thermax It took a hit of Rs 70 crore on specific projects. The company......

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