“ demand was impacted by destocking on recessionary fears and high interest rates, as well as slower than expected ramp-up in China markets,” Reliance said in a statement.
The profit on refining a barrel of crude oil in Asia plunged about 41 per cent to $3.44 a barrel in the April-June period, according to Refinitiv data. Analysts expected the company to report a profit of 168.42 billion rupees, according to Refinitiv data. Reliance said earnings before interest, taxes, depreciation, and amortization, a key profit metric, for the retail division rose 33.9 per cent during the quarter.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر: