We are building a brand new business of digital broadband telecom and have embarked on a journey to invest Rs. 2 lakh crore, says Mukesh Ambani
Reliance Industries Chairman Mukesh Ambani addressed the shareholders at the 41st AGM in Mumbai today.
At the AGM, the company will consider and adopt the audited financial statement for the financial year ended March 31, 2015.
Below are the highlights of RIL chairman Mukesh Ambani's speech:
At the AGM, the company will consider and adopt the audited financial statement for the financial year ended March 31, 2015.
Below are the highlights of RIL chairman Mukesh Ambani's speech:
- Building a brand new business of digital broadband telecom
- Embarked on a journey to invest Rs 2 lakh crores
- Full Benefits of investments will be realised from FY16-17
- Capital expenditure in FY15 was in excess of Rs.1 Lakh Cr
- Improved credit ratings give co access to public debt market
- Have paid income tax of Rs.6,124 Cr In FY15
- Co is largest integrated polyester manufacturer globally
- Have paid income tax of Rs.6,124 Cr In FY15
- Petchem business gave robust performance in FY15 despite several challenges
- Petchem supports raw material needs of 30,000 small & medium scale units
- Building a brand new biz of digital broadband telecom
- Will continue to focus on operations & excellence in Petchem business
- Capital expenditure in FY15 was in excess of Rs.1 Lakh Cr
- Full benefits of investments will be realised from FY17
- Petrochemical investments will deliver superior performance in coming quarters
- Co is the 5th largest purified Terephthalic Acid Producer Globally
- Plan to recommission all fuel retail outlets by 2015-16
- Improved Credit Ratings Give Co Access To Public Debt Market
- We are hopeful that the govt will address the policy issues in the larger interest of attracting investment
- Market environment in FY15 was extremely volatile & challenging
- RIL aviation fuel stations, present at 25 airports across India, fuel an aircraft almost every 5 minutes
- Returns from oil and gas exploration and production business lower than cost of capital.
- We achieved record profits of Rs 784 cr at the EBITDA level in the retail business, added 930 stores last year
- Retail presence in more than 900 cities by next yr
- Reliance Retail to scale up presence from 200 cities to 900 cities by next year: Mukesh Ambani
- FY15 Retail Revenue At Over Rs.70,000 Cr & EBITDA At Rs.784 Cr
- Will Optimise Investments In Shale Gas JVs To Maximise Value
- US Shale Biz Contributed $1 Bn To Revenue
No comments:
Post a Comment