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4 mins read

After record profits, state-owned fuel retailers Indian Oil, BPCL and HPCL see profit slump in Q1

IOC, BPCL and HPCL posted up to 90 per cent slump in their June quarter earnings as margins fell an…

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HPCL posts Rs 5,827 crore profit in Q2 2023-24

Hindustan Petroleum Corporation Ltd (HPCL) on Monday reported a consolidated net profit of Rs 5,826…

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Oil cos losing close to Rs 3 a litre on diesel, profit on petrol down

State-owned fuel retailers are losing close to Rs 3 per litre on selling diesel while the profit on…

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BPCL Q3 net profit jumps 82% on higher refining, market margins

State-owned Bharat Petroleum Corporation Ltd (BPCL) on Monday reported an 82% jump in its December …

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BPCL swings to profit of ₹10,644 cr in Q1 aided by freeze on retail selling prices

The consolidated net profit of ₹ 10,644.30 crore in April-June (first quarter of current 2023-24 fi…

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IOC Q2 net profit jumps to Rs 12,967 cr; half yr profit tops best-ever full-year earning

State-owned Indian Oil Corporation (IOC) on Tuesday reported a return to profitability with a net p…

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IndianOil posts multifold growth in Q1, net profit at ₹14,735 crore beats estimates

India’s largest oil marketing company Indian Oil posted a multifold rise in consolidated net profit…

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Here’s why Hindustan Petroleum shares rallied over 7% today

The shares of Hindustan Petroleum (HPCL) gained over 7% after the oil refining and the marketing gi…

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HPCL net trebles on inventory gains

A company records inventory gain when it buys raw material (crude oil) at a particular price but by…

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Nifty50 set to clock 10% increase in profit in Q3; banks likely to outperform

Yet another earnings season has begun, as always, with IT services companies reporting a mixed set …

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Petrol and diesel prices go up for the sixth time in May, crosses ₹100-mark in Maharashtra, MP and Rajasthan

This was the sixth increase in prices since May 4, when the state-owned oil firms ended an 18…

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Top stocks to watch — PVR, Inox Leisure, SBI Cards, HPCL, Pidilite Industries, Adani Power, Berger Paints, and others

Even amid positive cues from the global markets, the Indian equities are likely to open in the red …

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Top stock movers — RIL, HPCL, Angel Broking, TVS Motor, Blue Dart, Vodafone Idea, and others

Indian benchmark indices jumped over 200 points in early trade on Friday, led by gains in index-hea…

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ONGC Q3 net halves on fall in oil, gas prices, output

Consolidated profit, after including earnings of listed subsidiaries such as Hindustan Petroleum C…

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Headroom to cut petrol and diesel prices by ₹2-3 per litre: Icra

A reduction in crude oil prices in recent weeks has improved margins on retail auto fuels, providin…

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Sensex tumbles over 1,000 points, Nifty falls below 22k amid election uncertainties

Benchmark equity indices Sensex and Nifty tumbled about 1.5 per cent on Thursday amid heavy foreign…

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Top stocks to watch — SBI, Ajanta Pharma, PVR, Lupin, Adani Gas, Cera Sanitaryware, and others

Amidst mixed cues from the global markets, the Indian equities are likely to open flat on Wednesday…

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Top stocks to watch — RIL, IndiGo, Tata Group, SpiceJet, Angel Broking, Dixon Tech, MPCL, and others

Amidst mixed cues from the global markets, the Indian equities are likely to open flat on Friday. T…

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Top stock movers — SBI, HCL Tech, SRF, BASF, Happiest Minds Tech, Pidilite, PVR, INOX Leisure, and others

Strong start on Dalal Street on Thursday, with Indian benchmark indices tracking gains in index-hea…

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HMEL's credit metrics to worsen due to weak refining margins: Fitch Ratings

HMEL expects to start commercial operations of its petchem project by April 2021, a year ahead of …

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