Skip to main content 3Q FY 2014 15 Financial Results – Reliance Industries Limited Investor Presentation | Shale Experts
Loading...

3Q FY 2014 15 Financial Results – Reliance Industries Limited

Reliance Industries Limited · Jan 16, 2015 · 92 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 1
    3Q FY 2014-15 Financial Results 16 January 2015
  2. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 2
    Financial Results 3 www.ril.com
  3. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 3
    Consolidated Financial Results : 3Q FY15 % Change % Change 2Q FY15 (in Crore) 3Q FY15 3Q FY14 Y-o-Y Q-o-Q 113,396 Turnover 96,330 121,077 -20.4% -15.0% 7,394 Segment EBIT 6,544 6,244 4.8% -11.5% 5,972 Net Profit 5,256 5,502…
  4. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 4
    Operational Highlights 3Q FY15 Refining Crude throughput of 17.7 MMT, operating rate of 114% GRM at 7.3/bbl as compared to 7.6/bbl last year ( 8.3/bbl in 2Q FY15) Higher product cracks, crude throughput and effective risk management…
  5. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 5
    Consolidated Segment Revenue : 3Q FY15 % Change % Change 2Q FY15 (in Crore) 3Q FY15 3Q FY14 Y-o-Y Q-o-Q 103,590 Refining 81,777 107,676 -24.1% -21.1% 26,651 Petrochemicals 23,001 27,121 -15.2% -13.7% 3,002 Oil & Gas 2,841 2,926…
  6. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 6
    Consolidated Segment EBIT : 3Q FY15 % Change % Change 2Q FY15 (in Crore) 3Q FY15 3Q FY14 Y-o-Y Q-o-Q 3,844 Refining 3,267 3,240 1% -15% 2,361 Petrochemicals 2,064 2,115 -2% -13% 818 Oil & Gas 832 607 37% 2% 99 Organised Retail…
  7. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 7
    Consolidated Financial Results : 9M FY15 % Change (in Crore) 9M FY15 9M FY14 Y-o-Y T urnover 317,631 340,131 -6.6% Segment EBIT 20,854 18,392 13.4% Net Profit 17,185 16,612 3.4% 9M FY15 Turnover decline led by dramatic fall…
  8. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 8
    Refining & Marketing 9 www.ril.com
  9. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 9
    Oil Price Decline Return of Libyan barrels (/bbl) First sign of oversupplied market 110 US strengthens; Oil breaches 100 level after 17 months 100 IEA downgrades global oil Oil prices remained range consumption forecast; EIA…
  10. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 10
    Call on OPEC 14 35 34 (% SHARE) 12 33 (MMBBL) 32 10 31 30 8 29 2011 2012 2013 2014 2015 Forecast US Oil Production % Share of OPEC in Global Oil Supply 2015 Change (in MMBBL) 2011 2012 2013 2014 Forecast (2014…
  11. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 11
    Oil Price At a Critical Juncture Oil price approaching the Shut-in Zone 120 Below 40/bbl oil price, increasing 100 quantity of oil fall below production Replacement Zone 80 costs Oil Price (/bbl) Replacement Zone: The…
  12. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 12
    Business Environment Global economic growth on the path of a steady recovery Positive macroeconomic indicators from US Emerging economies including China, grow at a modest pace Healthy demand from Non-OECD countries lead to an…
  13. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 13
    Light Distillates Cracks Gasoline cracks remain supported on the back of strong demand Asian gasoline cracks remained supported initially by outages and strong buying from Indonesia; however, increase in pump prices in Indonesia…
  14. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 14
    Middle Distillates Cracks 25 9 20 7 5 15 3 10 1 -1 5 -3 0 -5 Oct-13 Jan-14 Apr-14 Jul-14 Oct-14 Regrade (RHS) Jet Gasoil Gasoil strengthened in Singapore and Europe Weakness in crude led to stronger gasoil cracks…
  15. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 15
    Fuel Oil Cracks -4 Asian Fuel Oil cracks strengthened boosting -5 Singapore margins -6 -7 Falling outright prices increased demand -8 -9 Improvement in bunker sales coupled with -10 fear of supply disruption due to…
  16. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 16
    The Asset Advantage Record crude processing of 17.7 MMT for the quarter Refinery utilization rate of 114% Swing flexibility between naphtha and gasoline utilized to take advantage of the strong reforming margins naphtha production…
  17. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 17
    Crude Sourcing Advantage Asset flexibility and logistics infrastructure allows optimization of crude portfolio to suit the changing market conditions Focus on advantaged feedstock acquisition 3 new crudes processed during the…
  18. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 18
    Business Performance Strong underlying business Asian Product 3Q 2Q Q-o-Q 3Q Y-o-Y Cracks (/bbl) FY15 FY15 Change FY14 Change performance on the back of Supportive crude markets Naphtha -5.1 -1.6 -3.5 -3.0 -2.1 Healthy product…
  19. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 19
    Petroleum Retail Plan Success Story of 2006 Achieved market share of 14.3% in HSD and 7.2% in MS 2015 and beyond 230 Outlets already commissioned Plan to commission entire network within a year Launch of aggressive consumer…
  20. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 20
    Petroleum Retail Value Proposition Right Quantity and Quality of fuel at the Right price Consistent customer experience across all touch points through efficient mix of People, Processes and Technology Unique Value Added Services…
  21. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 21
    R&M Business Outlook 2015 Prices have crashed very near to the marginal production cost; eventually need to recover to support new developments Post recent crash, oil prices likely to witness slow recovery, leading to a sustained…
  22. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 22
    Petrochemicals 23 www.ril.com
  23. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 23
    Business Environment: Sharp Decline in Prices Entry price Exit price % Feedstock and product prices witnessed /MT 01-Oct-14 31-Dec-14 Change sharp downturn, uncertainty continues Oil - Dubai (/bbl) 93 53 -43% Naphtha prices in Asia…
  24. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 24
    World Ethylene Cash Cost Curve 1400 /MT Change Q3 End Q2 End 1200 1118 1000 944 928 918 889 800 835 709 718 600 578 400 407 457 323 335 305 366 236 294 200 168 192 159 224 200 26 65 32 0 39 -156 -24 -99 -252 -200…
  25. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 25
    Business Environment : Demand Supported Deltas Ethylene & Polymer Polymer Demand Growth Deltas 9M FY15 Indian polymer demand Ethylene spread close to all- up 5.2% time high 600/ MT PE: up 5.0% On Q-o-Q basis : PP : 5.3% PP…
  26. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 26
    Global Ethylene: Demand-Supply 180.0 89.0% Capacity Demand Oper. Rate 160.0 88.0% 140.0 87.0% 120.0 100.0 86.0% 80.0 85.0% 60.0 84.0% 40.0 83.0% 20.0 0.0 82.0% 2009 2010 2011 2012 2013 2014 2015 2016 Global ethylene…
  27. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 27
    Global Polymer Demand Growth 4.3% In MMT 237.0 2010 2015 2020 3.8% 192.3 4.4% 159.7 3.9% 4.6% 110.5 3.8% 3.4% 89.1 3.6% 73.8 77.1 61.4 51.0 49.4 41.7 35.0 PE PP PVC PE+PP+PVC Source: IHS Global polymers…
  28. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 28
    Asia: Top Polymer Consumers 2015 & 2020 (In MMT) Share in Asias Polymer Demand % Share 2015 2020 128.2 China 59.7% 60.4% India 10.8% 12.6% 99.3 Japan 6.2% 5.0% S.Korea 4.7% 3.9% 77.5 Indonesia 3.7% 3.8% 59.3 Thailand 3.7% 3.5%…
  29. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 29
    Price Movement % Change % Change /MT 3Q FY14 2Q FY15 3Q FY15 Q-o-Q Y-o-Y Oil - Dubai (/bbl) 107 102 75 -26% -30% Naphtha 934 899 623 -31% -33% Ethylene 1437 1484 1227 -17% -15% Propylene 1388 1282 996 -22% -28% EDC 395 439 371…
  30. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 30
    Polymer Delta Scenario PP-Propylene 5 Year Avg. HDPE-Naphtha 5 Year Avg. 400 371 809 850 682 700 320 287 576 573 257 650 240 450 /MT /MT 135 160 133 250 80 50 0 -150 3Q FY14 2Q FY15 3Q FY15 9M FY149M FY15 3Q FY14 2Q FY15…
  31. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 31
    India Polymer Demand: 9M FY15 Domestic demand up 5.2% India Demand (9M FY15 vs. 9M FY14) 6.0% 5.3% 5.4% 5.2% End use demand across all majority sectors 5.0% remained moderate to higher 4.0% RIL Polymer production (9M FY15) lower…
  32. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 32
    Outlook Low oil prices and growth in U.S. supportive of global economic recovery Weak Eurozone and signs of stress in China and Japan are concerns Asian polymer demand to grow faster than global demand growth Global ethylene…
  33. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 33
    Elastomers 34 www.ril.com
  34. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 34
    Polybutadiene Rubber (PBR) PBR prices declined by 13% on Q-o-Q basis due PBR-Butadiene 5 Year Avg. to weak market conditions 800 702 678 Deltas improved due to sharper (-28%) 600 566 585 522 Q-o-Q drop in BD prices /MT 400…
  35. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 35
    Styrene Butadiene Rubber (SBR) SBR prices dropped by 15% in 3Q FY15 Deltas improved due to sharper 25-28% SBR-BD-Styrene 5 Year Avg. Q-o-Q drop in styrene and BD prices 800 682 674 Falling crude oil and natural rubber prices…
  36. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 36
    Polyester & Fibre Intermediates 37 www.ril.com
  37. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 37
    Business Environment Sharp decline in oil prices impacted Entry price Exit price % /MT aromatics and intermediate prices and 01-Oct-14 31-Dec-14 Change margins Oil - Dubai (/bbl) 93 53 -43% PX, PTA and MEG prices touched multi year…
  38. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 38
    Polyester Demand Domestic demand improvement led by FDY and PET 9M FY15 vs. 9M FY14 Demand Growth (%) Growth impacted by global meltdown in 6% feedstock prices 4% 4% 4% PSF and PET imports declined due to price 3% volatility…
  39. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 39
    Price Movement % Change % Change /MT 3Q FY14 2Q FY15 3Q FY15 Q-o-Q Y-o-Y Oil - Dubai (/bbl) 107 102 75 -26% -30% Naphtha 934 899 623 -31% -33% PX 1,429 1,350 1,009 -25% -29% PTA 1,030 1,007 775 -23% -25% MEG 1,041 972 826 -15%…
  40. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 40
    Polyester Delta Scenario POY-PTA-MEG 5 Year Avg. PSF-PTA-MEG 5 Year Avg. 600 300 271 500 487 250 399 210 400 358 200 327 167 177 165 319 /MT /MT 300 150 200 100 100 50 0 0 3Q FY14 2Q FY15 3Q FY15 9M FY149M FY15 3Q FY14…
  41. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 41
    Intermediates Delta Scenario PX-Naphtha 5 Year Avg. PTA-PX 5 Year Avg. 600 200 531 482 437 150 400 360 370 116 109 120 111 /MT /MT 100 87 200 50 0 0 3Q FY14 2Q FY15 3Q FY15 9M FY14 9M FY15 3Q FY14 2Q FY15 3Q FY15…
  42. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 42
    RIL Operational Highlights Production (KT) 9M FY14 9M FY15 Production (KT) 9M FY14 9M FY15 PX 1487 1611 POY 470 640 PTA 1552 1553 PSF 478 464 MEG 507 468 PET 260 289 TOTAL 3546 3632 TOTAL 1208 1390 Production of…
  43. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 43
    New Product Developments Apparel fibre and yarns Recron Linen Special thick and thin FDY Used in fabric through twisting and texturizing for fancy effect Recron Recro Bulk Sparkle Additional bulk and shine For rugs, fancy yarn…
  44. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 44
    Outlook Feedstock price stability could spur demand for building pipeline stock in the polyester and textile chain Low polyester prices to uplift demand in near term, however buyers still cautious Chinese industry expected to gain…
  45. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 45
    Oil and Gas Exploration and Production 46 www.ril.com
  46. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 46
    Domestic E&P Production Update 2Q FY 15 Blocks (JV Production) 3Q FY 15 3Q FY 14 % Chg.YoY % Chg.QoQ Panna-Mukta 1.8 Oil (MMBBL) 1.8 2.1 -12% 4% 16.5 Gas (BCF) 18.5 17.1 8% 13% T apti 0.06 Oil (MMBBL) 0.05 0.1 -29% -15% 3.9 Gas…
  47. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 47
    KG-D6 Block Key Project Update Compressor U-301 & U-201 Onshore Terminal Booster Compressor (OTBC): All construction activity completed Final tie-ins underway System charging and testing underway Target commissioning of 2…
  48. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 48
    Other updates Panna Mukta and Tapti field Rig was mobilized towards the end of 3Q FY15 to drill work-over wells and MB wells Cessation of production from Tapti is likely to occur over the next six month Relinquished block KG-D3…
  49. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 49
    Coal Bed Methane Development activities commenced in 2 CBM blocks Sohagpur East and West Phase-1 development program envisages drilling of more than 200 wells Two Gas Gathering Stations and 8 Water Gathering Stations The land…
  50. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 50
    Coal Bed Methane Progress Update GGS -11 View from Substation Gas Dehydration Unit TL-9 Well site- Surface facilities installation CTMS 51 www.ril.com
  51. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 51
    Shale Gas Business 52 www.ril.com
  52. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 52
    Price Environment Gas & NGLs Natural Gas prices remained volatile with a downward bias US Natural Gas Inventory Levels (Bcf) HH spot declined 24% from 4.14/MMBTU in Oct14 to 3.14/ MMBTU in Dec14, with milder weather and accelerated…
  53. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 53
    Price Environment WTI WTI prices dropped dramatically by 40% in 3Q WTI Forward Curves FY15 Forward price curves for WTI and Brent have re- set at lower levels Downward oil demand revisions driven by slowing economies in EU, China…
  54. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 54
    Eagle Ford : Among Most Competitive Liquids Shale Plays Reliance JV EF Leases. Near term drilling focused in Karnes County Reliance JV acreages at the core of Eagle Ford shale 55 www.ril.com
  55. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 55
    Business Performance Highlights 3Q FY15 2Q FY15 3Q FY14 % Chg. From 9M FY15 9M FY14 % Chg. from 9M 2Q FY15 FY14 Production (BCFe) 52.1 49.8 43.0 5% 150.5 117 28% Revenues ( MM) 206 244 221 -16% 720 627 15% EBITDA ( MM) 174 202 174…
  56. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 56
    Business Growth Trends Net Sales Volumes Total Wells Drilled and Put on (Reliance Share) 1200 Production 50.0 45.3 NGLs Condensate Gas 42.9 41.2 971 45.0 1000 932 888 RIL Share of Volumes (Bcfe) 38.2 7.9 825 40.0 36.7 7.6…
  57. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 57
    Shale Gas JVs: Development Progress Overview Particulars Pioneer JV Carrizo JV Chevron JV TOTAL Average Rigs in operation 9 - 1 10 Wells Drilled in 3Q FY15 34 - 5 39 Wells put online in 3Q FY15 30 5 32 67 Total Wells Drilled…
  58. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 58
    Reliance Retail 59 www.ril.com
  59. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 59
    3Q FY15 Key Highlights Continued growth momentum despite challenging macro-economic environment Turnover for 3Q FY15 at 4,686 crore, up 19% Y-o-Y LFL growth of up to 19% across formats Record quarterly PBDIT of 227 crore, Y-o-Y…
  60. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 60
    3Q FY15 Turnover Trends and Business Mix 12,852 Turnover ( crore) 10,903 4,686 3,941 19% 18% Q3 9M FY 2013-14 FY 2014-15 Turnover Mix Q3 FY 15 Turnover Mix 9M FY 15 2% 2% 8% 7% Value & Others 15% Digital 14%…
  61. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 61
    3Q FY15 Format wise Growth 3Q overall turnover growth at 19% Turnover Growth Y-o-Y 34% Festive demand supported by wider offerings 32% 32% Turnover increase across most format sectors 15% Digital and Fashion & Lifestyle…
  62. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 62
    Pan-India Presence Store Count by Format Sector Sep 30, 2014 Dec 31, 2014 472 Jewellery 53 53 Brands 100 104 714 246 Digital 689 920 Fashion & Lifestyle 569 599 Store Count Value & Others 595 609 853 Total 2,006…
  63. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 63
    Value Increasing store densities in identified markets for greater efficiencies 15 Reliance Fresh stores added in cities with existing presence Own brand products continue to gain traction with consumers Reliance Fresh Direct…
  64. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 64
    Digital Established as the largest mobile phone retail chain in the country in a short period Added 231 stores in 3Q, total operational stores at 920 Differentiated sales experience backed by service network propelling growth…
  65. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 65
    Fashion & Lifestyle Reliance Trends consolidating position as the largest apparel retailer in the country Presence in over 100 cities across India Operationalizing of Design studio further strengthened product innovation and…
  66. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 66
    Brands & Jewellery Brands Continuing growth momentum 3Q turnover increased by over 30% on Y- o-Y basis Signed an exclusive distribution agreement with globally renowned, casual luxury lifestyle brand, Juicy Couture Further…
  67. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 67
    Project Update 68
  68. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 68
    Jamnagar Projects - Engineering Engineering is more than 90% complete with focused efforts from Project Management teams and engineering contractors Renowned EPC companies with global reach including Fluor, Bechtel, Technip,…
  69. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 69
    Jamnagar Projects - Engineering Over 4000 P&IDs issued for process engineering Over 350,000 isometrics being issued for underground and aboveground piping More than 9,000 foundation and superstructure drawings issued for…
  70. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 70
    Jamnagar Projects - Procurement Procurement of mechanical tags, electrical, instrumentation and bulk material completed Orders placed on vendors across the globe including the majors like L&T, GE Energy, Linde, Atlas Copco, Doosan,…
  71. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 71
    Jamnagar Projects - Procurement Mechanical Equipment : Over 7,000 pieces ordered including 100 compressors, over 2,000 pumps and more than 150 columns and reactors Over 5,000 km pipe and 3 million flanges, fitting, valves ordered…
  72. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 72
    Jamnagar Projects - Construction Construction work is in full swing to support the project requirement Best safety performance in India and globally first quartile performance being achieved on the project with the help of systems…
  73. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 73
    Jamnagar Projects - Construction Concrete - Batching plants operating to full capacity to support construction plan, more than 150,000 cum of concrete being poured on a monthly basis Structural Steel - More than 20,000 MT being…
  74. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 74
    Site Progress Photographs 75
  75. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 75
    Gasification Pipe Rack & Equipment Erection 76
  76. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 76
    Gasification Gasifier Erection 77
  77. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 77
    Gasification Gasifier Structure Installation 78
  78. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 78
    Gasification Petcoke Dome Internal View 79
  79. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 79
    Gasification Petcoke Handling System 80
  80. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 80
    Paraxylene Overview 81
  81. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 81
    Paraxylene Heater Assembly 82
  82. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 82
    Paraxylene Sub Station Equipment 83
  83. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 83
    Cryogenic Tank Dome Air Raising 84
  84. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 84
    ROGC Heater Package 85
  85. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 85
    ROGC Column in Transit 86
  86. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 86
    C2 complex Pipe Rack & Structure Erection 87
  87. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 87
    BRU Equipment & Pipe Rack Erection 88
  88. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 88
    Gas Turbine Assembly 89
  89. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 89
    Desalination Package Assembly 90
  90. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 90
    Summary 91 www.ril.com
  91. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 91
    Summary Resilient performance of hydrocarbon businesses in turbulent commodity markets highlight our robust risk management and proficiency of our people and processes Refining strong product cracks, better crude differential…
  92. 3Q FY 2014 15 Financial Results – Reliance Industries Limited – slide 92
    Thank You

From the store

Browse maps, data & reports in the Shale Experts store