The treasury income is accounted about 27.55 percent of Reliance Industries which recording as high net income of Rs 27,630 crore in last fiscal year which ended on March 31st and the share of it come down for two consecutive years.
For the financial year 2013-14 the share was raised to 40.53 percent and then reached 36.04 percent in the financial year March 2015 of Reliance Industries Ltd`s treasury profit. For the year 2015-16, the company announced Rs 27,630 crore consolidated net for the year. RIL has faces a steep fall in crude oil price over 23 percent which is about 7,612 crore treasury operations.
According to the consolidated net of Rs, 21,984 crore in 2013-14 the company reported the income at a staggering 40.53 percent at Rs 8,936 crore which is recorded as highest ever in spite of its crude refining and gas exploration were not so well.
Mukesh Ambani company had an income of Rs 1,758 crore down from Rs 2,172 crore a year ago. It stood at Rs 2,426 with the quarterly income. In past two years, Reliance Industries has been its treasury play and moving its investments to other bank deposits, mutual funds, and government securities.
In March quarter that is from 2015-16 Reliance reported its biggest consolidated net in eight years at Rs 7,398 crore with the seven years best gross refining margin of $10.8 a barrel with a Singapore benchmark by $3.1 barrel.
Finally, the net income was up 16 percent on basis net rose 17.25 percent higher at Rs 7,320 crore. This is noted as the highest quarterly net profit for RIL since clocked Rs 8,079 crore net profit in its third quarter for the year 2007-08.