Net revenue for Q2FY16 was reported at Rs.2,242 crore, which declined 15 per cent QoQ mainly due to fall in crude prices and increase in discount to Brent for Rajasthan crude. Average Brent prices fell 18 per cent QoQ to $50.5 per barrel driving our average oil realization down by 22 per cent QoQ to $43.7/bbl.
FlashNews:
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CleanMax Achieves Record 530 MW Commissioning in Q1 FY2027, Expands Portfolio to 4.2 GW
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Vikram Solar Rolls Out First Module at Tamil Nadu Mega‑Facility
AI‑Driven Governance for Capital Projects
India Needs a Comprehensive Approach to Data Sovereignty and Resilience: AS Kiran Kumar
Why India’s Logistics Costs Will Not Fall Through Infrastructure Alone
PM Modi to Dedicate HPCL Rajasthan Refinery, India’s First Greenfield Integrated Complex
Mumbai Port Unveils ₹50.29 Billion Projects on 154th Foundation Day
RVNL Completes Sitafalmandi-Lallaguda Chord Line, Boosting Hyderabad Rail Connectivity
Tata Power Commissions 100.8 MW Jewali Wind Project in Maharashtra
Skyroot Sets Launch Window for India’s First Private Orbital Rocket
India’s ACME Group Seals Landmark Green Ammonia, Methanol Deals with Japan
Indian Railways Posts 4% Freight Growth in June 2026
India, Japan Join Hands to Build Energy Resilience
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