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5 per barrel more than Singapore average.RIL chairman Mukesh Ambani said: “Our portfolio of refining and petrochemical assets are paying-off.Reliance Industries Ltd on Tuesday reported its highest-ever quarterly net profit of Rs 7,290 crore for the third quarter on refinery margins spiking to seven-year high.7 per cent higher than Rs 5,256 crore in the same period a year ago, the company said in a statement.” end-ofLocation: India, Delhi, New Delhi.Reliance Industries Ltd on Tuesday reported its highest-ever quarterly net profit of Rs 7,290 China thread screw barrel Suppliers crore for the third quarter on refinery margins spiking to seven-year high.

Refining business delivered yet another reco-rd performance on the back of seven-year high refining margins and highest ever crude throughput.Sales, however, fell 24 per cent to Rs 73,341 crore on benchmark crude oil prices declining 42.5 on turning every barrel of crude oil into fuel during the third quarter of the current fiscal as compared to a gross refining margin of $7.7 per cent year-on-year.The operator of the world’s biggest oil-refinery complex earned $11. Also the refineries had a record throughput, turning 18 million tons of crude oil into fuel.Net profit of Rs 7,290 crore in October-December was 38.3 per barrel in the year-ago period. The GRMs in December quarter were at seven-year high and the company’s Jamnagar refineries in Gujarat earn $2.