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May 29, 2015 9:17 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Nagarjuna Oil Refinery Limited

Company Overview

Nagarjuna Oil Refinery Limited engages in promoting, conceiving, planning, coordinating, executing, and monitoring setting up of business projects relating to extraction of oil in India and internationally. The company holds a 46.78% interest in Nagarjuna Oil Corporation Limited that is setting up 6MMTPA refinery project at Cuddalore, Tamil Nadu. Nagarjuna Oil Refinery Limited was incorporated in 2010 and is based in Hyderabad, India.

Nagarjuna Hills

Hyderabad,  500082

India

Founded in 2010

Phone:

91 40 2335 7200

Fax:

91 40 2335 4788

Key Executives for Nagarjuna Oil Refinery Limited

Nagarjuna Oil Refinery Limited does not have any Key Executives recorded.

Nagarjuna Oil Refinery Limited Key Developments

Nagarjuna Oil Refinery Limited Reports Audited Standalone Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2015

Nagarjuna Oil Refinery Limited reported audited standalone earnings results for the fourth quarter and full year ended March 31, 2015. For the quarter, loss from ordinary activities before finance costs and exceptional items was INR 2.47 million compared to INR 2.78 million a year ago. Loss from ordinary activities before tax was INR 4,002.76 million compared to INR 2.78 million a year ago. Net loss for the period was INR 4,002.76 million or INR 9.35 per diluted share compared to INR 2.78 million or INR 0.01 per diluted share a year ago. For the year, loss from ordinary activities before finance costs and exceptional items was INR 55.69 million compared to INR 17.49 million a year ago. Loss from ordinary activities before tax was INR 4,056.48 million compared to INR 17.49 million a year ago. Net loss for the period was INR 4,056.48 million or INR 9.47 per diluted share compared to INR 17.49 million or INR 0.04 per diluted share a year ago.

Nagarjuna Oil Refinery Ltd Appoints Lailtha Raghuram as Independent Director, Subject to Approval at AGM

Nagarjuna Oil Refinery Ltd. announced that based on the Commendation of the Nomination and Remuneration Committee and subject to the approval of the members at the upcoming annual general meeting, the Board of Directors have appointed Ms. Lailtha Raghuram as Independent Director of the company to hold office up to the conclusion of 10th annual general meeting, not liable to retire by rotation. The appointment of Ms. Lalitha Raghram, shall be effective from the date of compliance of Section 152(3) of the Companies Act, 2013 by her.

Nagarjuna Oil Refinery Limited to Report Fiscal Year 2015 Results on May 16, 2015

Nagarjuna Oil Refinery Limited announced that they will report fiscal year 2015 results on May 16, 2015

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