ADVERTISEMENT
Indian Oil, BPCL, HPCL Results: Too Many Things Lined Up Against Oil Refiners This Fiscal
Bloomberg consensus estimates shows that Ebitda and net profit of Indian Oil, HPCL and BPCL are likely to fall in 2021-22.
12 Aug 2021, 04:02 PM IST
Lower sales of diesel and jet fuel, surplus global capacity, work-from-home amid the pandemic and less-than-expected refinery closures across the world could dent oil firms’ earnings in the ongoing fiscal.The Bloomberg consensus estimates showed that the aggregate earnings before interest, tax, depreciation and amortisation and net profit of the three listed oil marketing companies — Indian Oil Corp., Hindustan Petroleum Corp., and B...
I’m already a Subscriber Sign In
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Choose a plan
Renews automatically. Cancel anytime.
As a Subscriber you get
Access to
Stories
Curated
Newsletters
20,000+
Research Reports
Priority Pass
to Special Events
Ad-Lite
Experience
Members-Only
Rewards
NDTV Profit
Exclusive Stories
Full Access to
NDTV Profit App
Access to
Stories
20,000+
Research Reports
Ad-Lite
Experience
NDTV Profit
Exclusive Stories
Curated
Newsletters
Priority Pass
to Special Events
Members-Only
Rewards
Full Access to
NDTV Profit App
Still Not convinced ? Know More
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
ADVERTISEMENT