Anand Rathi’s research report on Hindustan Petroleum Corporation

Hindustan Petroleum Corporation Limited (HPCL) has recorded Profit after Tax (PAT) of Rs. 20.04 billion compared to Rs. 22.53 billion lower by 11.0 % for the same quarter last year due to a planned shutdown of the refinery, some on the industrial products which they directly supply from the refineries and an exchange rate loss. EBITDA came at Rs. 31.93 billion decline by 26.8% on YoY and 32.6% on QoQ. Gross sales for the quarter ended June was Rs. 735.6 billion as compared Rs. 459.5 billion for the same period....More>>>