Company: Hindustan Petroleum Corporation Ltd. Category: IPO Notes


HPCL reported Q1FY18 results with EBITDA of Rs16.3bn (‐44%QoQ) and PAT of Rs9.2bn (‐49%QoQ). Reported results came in lower than our estimate, however, adjusted for inventory loss of Rs17.7bn, results were much ahead.
Aug. 10, 2017, 10:28 a.m.

-->