Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) are set to announce their quarterly numbers today. Here's what to expect:
BPCL:
Revenues are expected to decline by around 8 percent.
EBITDA should see a growth of almost 45 percent at Rs 3,154 crore.
Operating profit margins should also increase to 4.5 percent versus 2.8 percent earlier as there will be better gross refinery margins (GRMs) and better inventory gains this time.
A profit growth of almost 53 percent is likely.
In terms of core GRMs, a growth of around 68 percent on a QoQ basis is expected. However, they are expected to decline by 16 percent on a YoY basis.
The marketing volumes for BPLC are expected to increase by around 3.5 percent.
Marketing margins are also expected to see an increase of 12 percent.
Inventories are expecting negligible losses or gain.HPCL:
A good set of numbers is expected with profit growth of 79 percent.
EBITDA is likely to grow by 72 percent.
Operating profit margins are expected to come in at 4 percent.
Core GRMs are expected to increase to $5.8 per bbl.
Marketing volumes are also expected to go up by around 4.5 percent.