Thursday, 11 February 2016

HPCL: Q3 revenue expected to fall

IIFL forecasts the company’s net revenue for Q3 FY16 to plummet to Rs. 39,893 crore, at a rate of 21.9% yoy and 5.2% qoq.


Hindustan Petroleum Corporation Ltd (HPCL), the state owned refiner and oil marketing company, will announce its financial results on February 12 for the third quarter ended December 31, 2015.

IIFL forecasts the company’s net revenue for Q3 FY16 to plummet to Rs. 39,893 crore, at a rate of 21.9% yoy and 5.2% qoq. 

IIFL expects net profit to be at Rs. 1,295.10 crore.   

IIFL expects EBIDTA margin at 5.9%, with a yoy rise of 6 bps.    

Other key Q3 results on February 12 include Adani Ports & SEZ, Adani Power, Apollo Hospitals, BPCL, ITDC, IOCL, Kolte Patil, M&M, Marksans Pharma, MBL Infrastructures, Nestle, NMDC, Punj Lloyd, Shakti Pump and Sun TV.

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