KEY HIGHLIGHTS
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Q2 Live Updates: Brokerage Preview On HPCL
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Q2 Live Updates: Brokerage Preview On BPCL
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Q2 Results Live: Apollo Micro Systems (Consolidated, YoY)
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Q2 Results Live: Earnings Estimates Of Coal India, Bank Of Baroda, BPCL And More
Q2 Live Updates: Bloomberg Estimates For HPCL (Standalone, QoQ)
- Revenues may fall 12.7% to Rs 1.05 lakh crore.
- Ebitda may jump 100.33% to Rs 4,222.32 crore.
- Margins may expand to 4% versus 1.7%.
- Net profit may jump 439.02% to Rs 1,917.83 crore.
Q2 Live Updates: Brokerage Preview On HPCL
Hindustan Petroleum Corp of India is also expected to post weak results for the September quarter. Domestic retail sales are expected to fall around 7% sequentially due to the seasonal impact of the monsoon season, according to Nuvama. The brokerage expects the refinery to report a gross refining margin of $5.5 per barrel.
While the refining segment of the oil marketing is expected to be weak, lower oil prices are set to support the marketing segment’s performance. This is due to the supernormal marketing margins in the range of Rs 13-15 per litre seen in September 2024. Motilal Oswal expects this to drive HPCL’s Ebitda by 38% on a QoQ basis.
Content retrieved from: https://www.ndtvprofit.com/quarterly-earnings/q2-results-live-updates-indigo-coal-india-bharat-electronics-bpcl-jsw-steel-among-148-earnings-today.
