On a standalone basis, the profit fell by 13% in for the March quarter at Rs 16,971 crore. For the full year, consolidated net profit jumped 18.3% to Rs 95,610 crore
SEBI's adjudicating officer had in June 2022 imposed the Rs 30 lakh combined penalty after concluding that RIL violated Principle 4 of Schedule A of the Prohibition of Insider Trading Regulations.
According to data, Russia currently supplies about 35% of India’s total crude imports, most of which are purchased by private refiners Reliance Industries Ltd and Nayara Energy
Brokerage Motilal Oswal in a report said, the proposed carving out of RCPL from Reliance Retail and making it direct subsidiary of RIL is a huge value accretive move.
