-- Reliance Industries on Friday reported Q4 earnings, with total throughput falling to 19.5 million metric tons from 20.3 mmt a year earlier.
Production meant for sale for transportation fuel declined to 11.1 mmt for the quarter ended Mar. 31, compared with 12 mmt a year earlier, according to the company.
Krishna Godavari Dhirubhai 6 gas production declined 6.4% over the year to 59.6 billion cubic feet equivalent for Q4.
Coal bed methane production increased 7.4% to 2.91 Bcfe, supported by additional wells brought online, the company said.
Average daily production stood at 25.2 million metric standard cubic meters for KGD6 gas and 0.92 mmscm for CBM, highlighting steady operational performance despite declines in legacy fields, Reliance said.
Oil and condensate production averaged 17,310 barrels per day during the quarter, the company said.
The company said it continues to focus on stabilizing output through improved well interventions, enhanced recovery techniques, and incremental development across its upstream portfolio.
Reliance Industries is scaling its solar manufacturing capacity, targeting 20 gigawatt annual production across modules, cells, wafers, and glass manufacturing, and has achieved Approved List of Models and Manufacturers approval for Heterojunction Technology solar cells and modules, the company said.
The company is also expanding battery manufacturing, aiming to reach 100 gigawatt-hours of annual capacity, with the first phase of 40 GWh expected to be commissioned soon, the company added.
Reliance is progressing work on a large renewable energy project in Kutch, targeting over 150 GW peak installed capacity, with construction advancing alongside evacuation infrastructure, according to the company.
The company has also secured a long-term agreement with Samsung C&T to supply green ammonia starting in 2029, supporting its strategy to build an integrated clean energy and fuels platform, the company said.