Grm

A higher share of tougher or sour grade crude, which has higher sulphur content, would improve the refining margin of HPCL’s Vizag refinery to $12-14 per barrel from the current average of $8 per barrel.

HPCL Q4 Results | Net profit falls 34% on year, tops estimate

Average gross refining margin during the year ended March 2022 was $7.19% per barrel as against $3.86% per bbl during the corresponding previous year.

Reliance Industries Q4FY19 – Consumer business takes up the baton

The consumer businesses were the saviour. Margins in retail improved and Jio’s quarterly performance remains robust.

Buy, sell, hold: 12 stocks & 2 sectors on analysts' radar as market at record high

ITC, UPL, Dr. Reddy's, among others are being watched by analysts, while steel and oil and gas too remain on their radar.

Positive on RIL, earnings seen improving in Q1FY18: Religare

Rohit Ahuja of Religare maintains a positive stance on Reliance Industries (RIL) after the company reported third quarter earnings Monday. Ahuja expects the earnings before interest and tax (EBIT) margins for the petrochemicals segment to improve to Rs 3,600 in the fourth quarter of FY17.

IOC Q2 net slips 62% at Rs 3122 cr; H1 GRM at $7.19/bbl

IOC's net profit has slipped 62 percent at Rs 3122 crore in July-September from Rs 8269 crore in quarter-ago period. During the period, its total income slipped 6.5 percent at Rs 1 lakh crore compared to Rs 1.07 lakh crore in last quarter.

Reliance Q2 profit rises 18%; GRM at $10.1/bbl, petchem shines

Petrochemical major Reliance Industries' quarterly earnings beat analysts' estimates on Thursday with standalone profit rising 17.9 percent year-on-year (up 2 percent quarter-on-quarter) to Rs 7,704 crore, driven by petchem as well as refinery businesses.

RIL Q2 profit seen at Rs 7266 cr, petchem margin may be strong

Petrochemical major Reliance Industries (RIL) is expected to report standalone profit at Rs 7,266 crore for July-September quarter against Rs 7,548 crore in preceding period, according to average of estimates of analysts polled by CNBC-TV18.

CPCL hopeful of maintaining margins in FY17 if crude is stable

While Chennai Petroleum Corp (CPCL) reported halving of its June quarter net profit on lower refinery margin, the management expects crude throughput to improve in the coming quarters.

September refining margins expected at $5 per barrel: BPCL

BPCL's marketing and refining segments saw a healthy growth, said P Balasubramanian, Director Finance of the company.

BPCL Q1 profit rises 11% to Rs 2620 cr, GRM at $6.09/bbl

Operating profit (EBITDA - earnings before interest, tax, depreciation and amortisation) grew by 3 percent year-on-year to Rs 3,919 crore and margin expanded by 37 basis points to 6.87 percent in June quarter.

Crude may stay range-bound this year, aid inventory gains: IOC

In an interview to CNBC-TV18 after the company reported strong first quarter earnings, Ashok said he is hopeful crude prices will remain range-bound this year helping IOC limit inventory losses or even post inventory gains.

IOC Q1 net jumps 390% to Rs 8269 cr; GRMs at $9.98/bbl

Gross refining margins in Q1 was at USD 9.98 per barrel from USD 10.77 per barrel in corresponding quarter last fiscal.

HPCL shines in Q1, profit jumps 30%; declares 2:1 bonus issue

Gross refining margin (GRM), the difference between total value of petroleum products and price of crude, stood at USD 6.83 a barrel during the quarter against USD 8.56 a barrel, which was far ahead of expectations of USD 4.9 per barrel.

Optimistic on logistics; like Aurobindo & DRL: Mayuresh Joshi

In an interview to CNBC-TV18 Mayuresh Joshi of Angel Broking shared his reading and outlook on the market as well as on various stocks and sectors.

RIL refining margins up despite fall in regional benchmarks

The company earned USD 11.5 on turning every barrel of crude oil into fuel compared to a GRM of USD 10.8 per barrel in the immediately preceding quarter while the Singapore benchmark slipped to USD 5 from USD 7.7 per barrel over the same period.

RIL Q1 beats estimates, profit up 4.4%; GRM surges to $11.50/bbl

Reliance Industries' first quarter gross refining margin surged to USD 11.50 a barrel for the quarter ended June 2016 from USD 10.8 a barrel in March quarter.

With crude firming up, HPCL likely to see higher margins

Retail prices of kerosene have been increased by 25 paise per litre as of now and J Ramaswamy, Director Finance of HPCL is hopeful the government will take the right pricing action in future as well.

IOC hopes to be rid of inventory loss, sees better margins

IOC Chairman B Ashok hopes the gross refining margins to be better, but refrains from putting a number ahead of the quarterly results. In the quarter gone by, the GRM was at USD 3 per barrel.

OMCs rally, BPCL at record high; Analysts bet on GRM recovery

Entire oil marketing companies (OMCs) pack is buzzing on buyers' radar today with IOC and HPCL rising 7 and 8 percent respectively.

HPCL Q4 profit seen up 17% at Rs 1216 cr, GRM may fall

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.

Highlights: Reliance Industries Q4 beats street

Below are the highlights of Reliance Industries 4th quarter earnings

Reliance Q4 net at Rs 7320 cr, GRMs at $10.80/bbl

Reliance Industries has posted standalone net profit at Rs 7320 crore in the January-March quarter. During the quarter, gross refining margins (GRMs) stood at USD 10.80 per barrel.

Aim to improve refining capacity to 40 MT by 2018: BPCL

P Balasubramanian, Director-Finance, BPCL says impact of a rise in oil prices will be very small on the margin.

Chennai Petroleum up 10%; KR Choksey initiates coverage with buy

CPCL has initiated efforts to reduce working capital requirement by reducing credit period to 10 days (from 16 days) for products sold to IOC and better inventory management initiatives (now 35 days against 52 days earlier).