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:
DHL Group Expands New Energy Logistics Amid Global Supply Shifts
INâSPACe Funds Three Startups to Propel Indigenous Space Innovation
AM/NS India, IIT Roorkee Forge Strategic Pact for Manufacturing Innovation
Second Heavy Haul Seminar 2026 Charts Future of Rail Freight
Delhi Airport Transfer Traffic Hits 27%, Reinforces Hub Status
CleanMax-GACL Seal Gujaratâs Largest Hybrid RE Partnership for Industrial Decarbonisation
Atlanta Electricals Wins âč2.85 Billion PSTCL Transformer Order
ULCCS Model Gains Global Spotlight at UN Symposium
India Clears âč100 Billion ATF Stabilisation Package Amid West Asia Crisis
Chasing 70 GW Ambition, Suzlon 2.0 Reâinvents Wind for Energy Transition
Digi Yatra Crosses 100 Million Journeys, Expands Seamless Travel Across 38 Airports
AM/NS India Wins First PMâSETU Approval, as Andhra Pradesh Leads ITI Transformation
NHAI Finalises Highway Monetisation Plan for FY2026â27
Sonowal Launches Port Performance Index, Digital Maritime Reforms to Boost Competitiveness
MGL and Fourth Partner Energy Ink MoU for Clean Energy Push
IGIA Deploys SKYCAST, Indiaâs First NextâGen AllâWeather Station to Boost Aviation Safety
REC Signs MoU with ERDA to Strengthen Quality Assurance under RDSS
SEIL Energy India Hosts South Indiaâs First C&I Conference
AM/NS India Sets Global Benchmark with UltraâHigh Strength Welded Pipes
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