Hindustan Petroleum Corporation Limited (HPCL) will report its fourth-quarter earnings on Monday and analysts expect the company's revenues to decline 4 percent but EBITDA to come in higher at Rs 3,300 crore.
- Analysts expct operating profit margins to increase at 4.7 percent against 1.3 percent quarter on quarter.
- The street estimate profit likely to be Rs 1,895 crore against Rs 247.5 crore QoQ.
- The core gross refining margins (GRM) are expected around $2.60 per barrel, which would be a substantial decline QoQ basis but reported GRMs are expected to increase to $4.90/bbl QoQ.
- However, the focus would be on marketing segment where marketing margins are expected to increase to Rs 4 per litre against Rs 3.3/l.