GSL NOVA PETROCHEMICALS LTD Q4 RESULTS
![HPCL Q1 Results: Standalone net profit plunges 94% YoY to Rs 356 crore, revenue up 1%](https://img.etimg.com/thumb/msid-112109456,width-100,height-75,resizemode-4/markets/stocks/earnings/hpcl-q1-results-standalone-net-profit-plunges-94-yoy-to-rs-rs-356-crore-revenue-rises-1.jpg)
HPCL Q1 Results: Standalone net profit plunges 94% YoY to Rs 356 crore, revenue up 1%
The state-owned fuel retailer had reported a net profit of Rs 6,203.9 crore in the corresponding quarter of the last financial year. Sequentially, PAT fell by 88%, missing market expectations. HPCL's EBITDA also decreased by 56% quarter-on-quarter to Rs 2,108 crore, with margins dropping 230 basis points to 1.9% from 4.2% in Q4 FY24.
![Petronet LNG Q1 results: Profit jumps 45% to Rs 1,142 crore, revenue up 15%](https://img.etimg.com/thumb/msid-111992252,width-100,height-75,resizemode-4/markets/stocks/news/petronet-lng-q1-results-profit-jumps-45-to-rs-1142-crore-revenue-up-15.jpg)
Petronet LNG Q1 results: Profit jumps 45% to Rs 1,142 crore, revenue up 15%
Petronet LNG (PLL) reported a 45% jump in the first quarter profit to Rs 1,142 crore as a scorching summer boosted capacity utilization of its import terminal, sending its shares up 5% on Wednesday.
![RIL shares fall 3% after subdued Q1 results but target prices go up to Rs 3,786](https://img.etimg.com/thumb/msid-111915989,width-100,height-75,resizemode-4/markets/stocks/news/ril-shares-fall-3-after-subdued-q1-results-but-target-prices-go-up-to-rs-3786.jpg)
RIL shares fall 3% after subdued Q1 results but target prices go up to Rs 3,786
Reliance Industries shares dropped 3% to Rs 3,019 on BSE as it reported a 5% YoY profit decline, missing Street estimates for Q1. Jefferies lowered target price to Rs 3,525 citing retail underperformance and subdued oil-to-chemicals outlook. Nuvama set the highest target at Rs 3,786. Macquarie maintained a neutral stance, targeting Rs 2,750, citing potential downside to consensus EPS.
![Lower fuel cracks, tepid global demand and new refineries impacted Reliance's core O2C business: Mukesh Ambani](https://img.etimg.com/thumb/msid-111867837,width-100,height-75,resizemode-4/industry/energy/oil-gas/lower-fuel-cracks-tepid-global-demand-and-new-refineries-impacted-reliances-core-o2c-business-mukesh-ambani.jpg)
Lower fuel cracks, tepid global demand and new refineries impacted Reliance's core O2C business: Mukesh Ambani
Reliance Industries' Q1 profit dropped to Rs 15,138 crore, a 5% year-on-year and 20% quarter-on-quarter decline from March's Rs 18,951 crore. The O2C segment experienced a 14.3% EBITDA fall due to lower fuel and petrochemical margins. Petrol margins decreased by 30%, depreciation was Rs 13,596 crore, and finance costs rose despite telecom and retail gains.
![Midcaps stocks for long term investors: 5 stocks from different sectors with right financial & growth matrix and upside potential of up to 49%](https://img.etimg.com/thumb/msid-111362079,width-100,height-75,resizemode-4/markets/stocks/news/midcaps-stocks-for-long-term-investors-5-stocks-from-different-sectors-with-right-financial-growth-matrix-and-upside-potential-of-up-to-49.jpg)
Midcaps stocks for long term investors: 5 stocks from different sectors with right financial & growth matrix and upside potential of up to 49%
Buying quality stocks should be one of the basic principles while investing in markets. But when one is buying mid-cap stocks this principle becomes even more important for multiple reasons. At this point of time, when valuations are high and small corrections can lead to strong negative reactions in stock prices. So, while capital gains is the objective, never lose the perspective of protecting capital from sudden shocks. Now how does one do it? Look at the underlying business which is best understood by going through its annual report and look at a certain basic ratio in order to figure out how much return that underlying business can generate in best and worst case.
![Q4 results: Stable costs boost India Inc. profits](https://img.etimg.com/thumb/msid-111014295,width-100,height-75,resizemode-4/wealth/invest/q4-results-stable-costs-boost-india-inc-profits.jpg)
Q4 results: Stable costs boost India Inc. profits
Steady costs and firm domestic demand supported corporate performance in the March quarter.
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Q4 results this week: Tata Steel, LIC, IRCTC, Apollo Hospitals Enterprise, and Bharat Dynamics
Several companies, including Tata Steel, LIC, and IRCTC, will release their March quarter report cards this week.
GAIL Q4 Results: Net profit triples on gas transmission business turnaround
State-owned gas utility GAIL (India) Ltd on Thursday reported more than tripling of its fourth quarter net profit after the natural gas transmission and petrochemical business saw a turnaround.
Indian Oil Q4 Net Dives 52% to Rs 4,838 cr
Indian Oil's Q4 profit declines sharply to ₹4,838 crore, with revenue at ₹2,19,876 crore. Declares a final dividend of ₹7 per share. Operating margin reduces to 3.05%. LPG cylinders sale loss affects overall profit.
Q4 results today: HUL, Axis Bank, LTIMindtree among 22 companies to announce earnings
Today marks a significant day for investors and market participants as several key companies from various sectors are set to announce their fourth-quarter results. Among the notable earnings releases, Hindustan Unilever (HUL), LTIMindtree, Indian Hotels, Axis Bank, Macrotech, and Tata Investment stand out.
RIL Q4 results at a glance: Here's a quick guide on Reliance's telecom to retail numbers
RIL's net profit declined to Rs 18,951 crore in March 2024. The board approved a Rs 10 dividend per share for FY24. Jio's Q4 net profit increased, and retail revenue saw significant growth.
Q4 results this week: RIL, ICICI Bank, HCL Tech, among 166 companies that'll announce earnings
With Wipro and Infosys’ results out this week, the fourth quarter earnings season will now pick up pace as the upcoming week will witness the results for Axis Bank, ICICI Prudential Life Insurance, Mahindra & Mahindra Financial Services, Tata Elxsi, along with 167 other companies.
What to do with SJVN, RVNL and 4 other stocks? Aamar Deo of Angel One decodes
Aamar Deo Singh of Angel One says investors need to be cautious with fresh investments due to unappealing risk-reward ratio in many stocks. Nifty and Bank Nifty are consolidating, while India VIX levels remain stable. With the results season over, all eyes are on the US FOMC meeting minutes, slated to be released later this week. Top gainers include MRPL, Natco Pharma, and Aegis Logistics.
Q3 results today: Adani Enterprises, Adani Ports, Titan among 86 companies to announce earnings
The Street has an action-packed day on Thursday with the release of Union Budget 2024 and earnings announcements from 86 BSE listed companies for the December quarter. Notable companies to watch among the Nifty companies are Adani Enterprises, Adani Ports & Special Economic Zone, and Titan Company. Other important results include Abbott India, Aether, Bata India, Castrol India, Deepak Fertilizers and Petrochemicals Corporation, GMM PFaudler, India Cements, Jyothy Labs, Jupiter Wagons, Dr Lal Pathlabs, Minda Corp, MPhasis, RITES, Texmaco Rail & Engineering, Thyrocare.
Nova Agritech GMP: What to expect from listing on Wednesday
Ahead of the debut, the company's shares are trading with a premium of Rs 23 in the unlisted market. Considering the upper price band of Rs 41, the stock is expected to list with a premium of over 50%
US Fed meet, Interim Budget, Q3 results among 9 factors to keep D-Street busy this week
US Fed meeting, corporate earnings, Budget, and several IPOs are likely to impact Dalal Street investors this week. “Going forward, global market factors like the policy rate decisions of major countries will affect the market, and markets are likely to witness stock-specific actions during the ongoing earnings season,” said Vinod Nair, Head of Research, Geojit Financial Services.
Q3 results today: Coforge, MRPL, IIFL Securities among 42 companies to announce earnings
On Saturday, 40 companies announced their quarterly earnings including ICICI Bank, Kotak Mahindra Bank and IDBI Bank. Here are highlights of these results:
Axis Bank, Bajaj Auto Q3 earnings among 10 factors to drive D-Street in holiday-shortened week
"Nifty concluded the week at 21,571.80, marking a decline of 323 points from 21,894 levels, on a weekly basis. Pharma, realty, and metal sectors faced selling pressure. Despite persstent attempts to breach crucial resistance, each of them resulted in a sell-off,” Om Mehra, Technical Analyst, at SAMCO Securities said.
RIL Q3 results today: What to expect from the conglomerate; how to trade the stock?
RIL Q3 results today: Reliance Industries (RIL) is set to release its December quarter earnings, and investors are cautious. RIL shares have gained 6% in January. The earnings will determine the sustainability of the gains. Consolidated revenue is expected to rise 5% YoY to Rs 2.31 lakh crore. Consolidated net profit is expected to grow 9.3% YoY to Rs 17,257 crore. Reliance Jio Infocomm and the retail business are expected to perform well, while the oil-to-chemicals business may see a drop in earnings. RIL shares have fallen post-earnings in the past.
RIL Q3 result preview: PAT, revenue likely to see modest growth YoY on weak O2C show
RIL Q3 result preview: Consolidated revenue of RIL is likely to rise 5% YoY to Rs 2.31 lakh crore, but fall about 2% sequentially, according to the average of estimates given by nine brokerage firms.
HPCL stock gains in a wobbly market on stellar Q2 show
In a post-result earnings call, the company’s management stated that HPCL is carrying about 23 days of crude inventory and 30 days of marketing inventories.
IOC Q2 Results: Firm reports profit of Rs 12,967 crore, announces Rs 5 dividend
IOC Q2 Results: Revenue from operations fell 11% to Rs 2.02 lakh crore in the reporting quarter, compared with Rs 2.28 lakh crore in the same quarter of last year. The average gross refining margins (GRM) for the period April- September period stood at $13.12 per bbl, down from $25.49 per bbl in the same period last year.
RIL shares jump 2% post Q2 earnings despite Monday blues. Should you buy?
Brokerages reviewed Reliance Industries stock following its September quarter earnings on Friday which were broadly in line with their estimates. While Macquarie upgraded the stock from 'underperform' to 'neutral', Jefferies raised the price target while recommending a buy. Others which reiterated their buy stance include Nomura, Motilal Oswal and Nuvama.
RIL Q2 Preview: A mixed bag seen with solid profit growth & subdued revenues
RIL Q2 Preview: Net profit for the September quarter is likely to show a solid growth of around 25% year-on-year, according to an average estimate of three brokerages. Revenue from operations, however, is likely to grow marginally (2-3%) or even decline by 2% to 2.25 lakh crore.
Momentum Pick: MRPL rallies 16% in 8 sessions. 4 reasons why stock could see 20-34% uptick from here
MRPL is a Miniratna company for which analysts expect an upside rally in near term. MRPL stock has been a consistent mover over the past 12 months, giving returns of 82% and outperforming the Nifty50, which has returned nearly 12% during the same time.
GAIL India Q1 Results: Standalone net dives 51.5% YoY to Rs 1,412 crore as natural gas marketing drags
GAIL India has reported a 51.5% YoY drop in net profit largely due to weak earnings in the petrochemicals business and gas marketing. Despite this, the company's QoQ net profit more than doubled compared to Q1 2023, largely due to increased gas marketing and transmission volumes, leading to an increased tariff realisation.
EIL Q4 Results: Firm posts profit at Rs 159 crore; revenue rises 7.5% YoY
State-owned engineers India Ltd (EIL) saw a Q4 profit increase of 25% to INR 159 crore ($22m) and new businesses secured rose nearly three-fold year-on-year to INR 4,700 crore. Despite profit for 2022-23 remaining steady, revenue from operations rose 7.5% YoY to INR 866 crore in Q4, with debtors and trade receivables also decreasing. EIL has already secured INR 650 crore worth of new business and its order book at end of March was INR 9,079 crore, with 15% from abroad, focused on projects in the GCC, Africa, Mongolia and Guyana.
Gail India Q4 Results: Profit slumps 77%
Gail, India's largest gas distributor, reported a 77.5% slump in its quarterly profit on Thursday, dented by weakness in its petrochemicals segment. The company's standalone profit after tax slumped to 6.04 billion rupees ($73.86 million) in the quarter ended March 31, from 26.83 billion rupees a year earlier. The state-owned gas company's revenue from operations rose about 22% to 328.58 billion rupees.
IOC Q4 Results: Profit jumps 52% YoY to Rs 10,841 crore; revenue rises 10%
Revenue from operations jumped 10% year-on-year (YoY) to Rs 2.30 lakh crore in the March quarter, compared with Rs 2.09 lakh crore in the corresponding quarter of last year.
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