Srikanth Venkatachari
CFO, Reliance Industries
Notable Quotes
We are the first Indian manufacturing company with an international rating of A minus.
The underlying thematic of the business continues to be well, but for the next one or two quarters, that is something, it could be a little bit more, it's.
The growth in consumer business and strong upstream offset weak O2C.
Overall, energy market volatility is something that we have been seeing for various set of reasons. However, we do think that the structural business dynamics remains constructive.
We have crossed INR 75,000 crore in EBITDA, more than INR 100,000 crore in PBT, more than INR 2,000,000 crore in terms of market cap.
Overall, I think, cash flows remain strong, balance sheet remains strong, and, moderating CapEx, you may have seen that, CapEx in this quarter at about INR 30,000 crore is, significantly lower than the previous quarter, as well as what it was year-on-year.
It was a quarter of the EBITDA as a record that almost INR 45,000 crore, which is about $5.4 billion. It was up 30% year-on-year.