HPCL Q2 PAT seen down 65.9% to Rs 714.8 cr: Religare

Net Sales are expected to increase by 2.5 percent Q-o-Q (up 9.3 percent Y-o-Y) to Rs 45891.8 crore, according to Religare.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney IThe Winning Leap SME Special
Moneycontrol

Home » News » Earnings » Brokerage Results Estimates

Oct 19, 2016, 01.16 PM | Source: Moneycontrol.com

HPCL Q2 PAT seen down 65.9% to Rs 714.8 cr: Religare

Net Sales are expected to increase by 2.5 percent Q-o-Q (up 9.3 percent Y-o-Y) to Rs 45891.8 crore, according to Religare.

Like this story, share it with millions of investors on M3

HPCL Q2 PAT seen down 65.9% to Rs 714.8 cr: Religare

Net Sales are expected to increase by 2.5 percent Q-o-Q (up 9.3 percent Y-o-Y) to Rs 45891.8 crore, according to Religare.

Post Your Comments

Share Cancel

(more)

, Religare Retail Research |

Religare has come out with its second quarter (July-September) earnings estimates for the India Energy sector. The brokerage house expects Hindustan Petroleum to report net profit at Rs 714.8 crore, down 65.9 percent quarter-on-quarter.

Net Sales are expected to increase by 2.5 percent Q-o-Q (up 9.3 percent Y-o-Y) to Rs 45891.8 crore, according to Religare.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 60.7 percent Q-o-Q to Rs 1399.5 crore.

Religare's report on Hindustan Petroleum

Updates on market share for petroleum product sales; note that HPCL has been gaining market share over the last two years.

HPCL’s earnings to decline the most among peers to Rs 7bn (-66% QoQ) on lower GRMs and lack of inventory gains. GRMs expected to decline to US$ 4.5/bbl on lower light distillate spreads, underperforming OMC peers and benchmark GRMs.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

To read the full report click here

Buy, Hold, Sell ? Hear it first on M3
HPCL Q2 PAT seen down 65.9% to Rs 714.8 cr: Religare

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login