At Moneycontrol, the Results page helps you effectively track corporate announcements and results for various listed companies across both India and abroad. With our Results page, you can keep abreast with an updated, comprehensive view of all the profit/loss statements, company spendings, AGM outcomes, and quarterly and annual results from all these listed companies. Additionally, Moneycontrol also regularly tracks international MNCs listed on NASDAQ and Asian bourses, including popular companies like Apple, Google, Alibaba. Apart from finding solid copies of company results, stock movements consequent to these company results, expectations, and analytical post results copies, you will also find copies and articles detailing the earnings, impact, and all major announcements made to media/exchanges by these companies, so that you do not miss anything. We also provide you with concrete data points to help you spot profitable trades, stock build-ups, and bulk deals. At Moneycontrol, we also cover analysts/investors meetings; scrutinise results and data and BSE/NSE reports or news. The copies are not just full of information and data, but are also adequately supplemented with expert views, investor opinions, extensive interviews, videos, and a huge variety of explainers, analyses, and informative slideshows to help you gauge the market and make investment decisions in the best possible manner. More
Hindustan Petroleum Corporation Ltd (HPCL) reported good numbers this quarter. In an interview to CNBCTV18's Ashmit Kumar, MK Surana, CMD of the company spoke about the factors that led to the company's growing profit after tax (PAT) figures as far as Q4 is concerned.
Net Sales are expected to increase by 15.3 percent Q-o-Q (up 32.7 percent Y-o-Y) to Rs 55990 crore, according to HDFC Securities. HPCL to report net profit at 1020 crore down 35.5% quarter-on-quarter.
The decision of the OPEC countries to cut output in an effort to reduce global glut has created ripples in the oil market. But, HPCL's Chief, MK Surana believes prices will not rise substantially.
Net Sales are expected to increase by 2.9 percent Q-o-Q (down 0.4 percent Y-o-Y) to Rs 43258.9 crore, according to Motilal Oswal.
In conversation with CNBC-TV18, MK Surana, CMD of the company, says HPCL witnessed an inventory loss of of $1 per barrel.
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.
In an interview with CNBC-TV18, MK Surana, CMD of HPCL said that the first quarter GRM does not include inventory gains.
The company plans to grow both Visakhapatnam (Vizag) and Mumbai refineries. The Vizag expansion plant is already work in progress, said MK Surana, Chairman and Managing Director, HPCL.
Gaurang Shah, VP, Geojit BNP Paribas is very happy with the company‘s Q1 performance and said the good set of numbers are due to the free pricing policy of petrol and diesel.
Sales are expected to increase by 0.1 percent Q-o-Q (down 18.4 percent Y-o-Y) to Rs 42181.5 crore, according to Motilal Oswal.
The company has robust capex plans of around Rs 6300 crore for FY17. Both the Mumbai and Visakhapatnam refineries will go in for expansion, said MK Surana, Chairman and Managing Director, HPCL.
Entire oil marketing companies (OMCs) pack is buzzing on buyers' radar today with IOC and HPCL rising 7 and 8 percent respectively.
Lack of inventory losses may support bottomline but that may partially offset by lower refining margins. Gross refining margin is likely to decline at USD 5.8 a barrel against USD 7.9 a barrel in Q3.
Emkay expects Eicher Motor, HPCL, BPCL, Bajaj Auto, Eclerx and IOC to report a positive set of earnings on the back of the recent fall in oil commodity prices.
Jefferies says India state-owned OMCs remain top picks in the oil & gas sector as it believes consensus and market is under-estimating earnings potential of these companies in a low crude price environment. Recently International benchmark Brent touched 12-year low at around USD 27 a barrel.
Operating profit (earnings before interest, tax, depreciation and amortisation) may jump to Rs 2,100 crore in June quarter against Rs 590 crore in the corresponding quarter of last fiscal.
Amid generally weak sales performance, sectors that are likely be stronger are IT (14 percent), pharma (12 percent), media & entertainment (12 percent) and retail (10 percent), says Emkay.
Hindustan Petroleum Corporation (HPCL) is likely to report a profit of Rs 1,479.4 crore in March quarter, down 67.9 percent compared to Rs 4,609.2 crore in the year-ago period, according to a CNBC-TV18 poll.
Sales are expected to decrease by 15.5 percent Q-o-Q (down 3.7 percent Y-o-Y) to Rs 49959.9 crore, according to Motilal Oswal.
Net sales are seen going up by 9 percent to Rs 57,250 crore in the second quarter of current financial year 2014-15 from Rs 52,525 crore in corresponding quarter of last fiscal driven by higher sales volume and nil under recovery.
The company announced EBITDA at Rs 1,014 crore against Rs 3,244 crore y-o-y. Operating margin stood at 2 percent versus 6.6 percent.
Hindustan Petroleum is expected to post around 43%YoY jump in Q4 profit on improved GRMs.
Post Reliance Industries Q4 result, Ballabh Modani of Religare Capital Markets feels that as its numbers were lower than expected, the company‘s first quarter result will also be under pressure. “The fall has been pretty sharp, which will clearly be reflected in Q1 numbers," he said.
The fourth quarter earnings will begin from Friday. In an interview to CNBC-TV18, Varatharajan Sivasankaran of ICICI Securities outlined his expectations from stocks across various sectors.
Oil marketing companies like BPCL, IOC and HPCL will report their second quarter numbers today. Analysts on an average expect these companies to post a loss in the absence of government compensation.