PANAMA PETROCHEM LTD Q2 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.
![Q1 results this week: ITC, SBI, TaMo, Zomato among 130 firms to announce earnings](https://img.etimg.com/thumb/msid-112075506,width-100,height-75,resizemode-4/markets/stocks/earnings/q1-results-this-week-itc-sbi-tamo-zomato-among-130-firms-to-announce-earnings.jpg)
Q1 results this week: ITC, SBI, TaMo, Zomato among 130 firms to announce earnings
This week, several prominent companies released their June quarter financial results. Firms like ITC, SBI, Adani Ports, Tata Motors, and M&M showcased their reports between July 29th and August 3rd. The updates offered a glimpse into their quarterly performance, engaging the attention of investors and stakeholders.
![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.
- Go To Page 1
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.
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.
Q3 results this week: ITC, Adani Ports, Bajaj Finance, IndiGo, SBI, Tata Motors and others
ITC, Bajaj Finance, NTPC, Adani Green Energy, Bharat Electronics, Punjab National Bank, GAIL, Bharat Petroleum, Corporation, Vodafone Idea, Marico, Petronet LNG, Nippon Life India Asset Management, Tata Investment Corporation, Piramal Enterprises, R R Kabel, Aditya Birla Sun Life AMC, Maharashtra Seamless, Nuvoco Vistas Corporation, Godfrey Phillips India, among others will report their December quarter numbers on Jan 29
Q3 results today: Axis Bank, REC among 70 companies to announce earnings
Axis Bank will announce its Q3 earnings today, with analysts expecting modest growth in net interest income and profit. Net interest income for the October-December period is projected to rise by 1% quarter-on-quarter. Profit growth is expected to be in the range of 2-5% quarter-on-quarter. Investors should monitor net interest margins, which are expected to decline due to higher deposit costs. Additionally, credit costs, business growth, loan mix, and asset quality are important factors to watch.
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.
GAIL Q2 Results: Net profit jumps 56% YoY
GAIL saw pre-tax earnings from its mainstay gas transportation business soar 82 per cent to Rs 1,290.65 crore in the second quarter of the current fiscal.
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.
Petronet LNG Q2 Results: Profit rises 9% YoY; to invest Rs 20,685 crore in petchem plant
The petrochemical plant, which will come up adjacent to India's largest LNG import facility operated by the company, will consist of a 750,000 tonnes per annum propane dehydrogenation plant (PDH) and 500,000 tonnes a year of poly-propylene plant.
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.
Q2 results this week: RIL, Axis Bank, Tech Mahindra, Maruti, PNB and others
On Monday, Torrent Pharmaceuticals, Lloyds Metals & Energy, PNB Housing Finance, Alok Industries, Mahindra Holidays & Resorts India, Kewal Kiran Clothing, Mahindra Logistics, New Delhi Television (NDTV) results will be out
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.
IOC Q1 Results: Firm swings to black, posts Rs 13,750 crore-profit; revenue drops 12%
Revenue from operations during the quarter fell 12% year-on-year (YoY) to Rs 2.21 lakh crore. The same stood at Rs 2.51 lakh crore in the same quarter last year.
Bleeding red! Vodafone Idea, Paytm among 10 highest loss-making companies in Q2
In the hope of getting multibagger returns, many new investors often place bets on loss-making companies that may stage a turnaround later on. Market experts, however, warn against such hope trades and suggest focusing on companies with high growth visibility.
Multibagger Panama Petrochem announces dividend
Panama Petrochem is a multibagger stock with a 3-year return of 363%. The stock’s 52-week high and low are Rs 359.5 and Rs 214.45, respectively
Deepak Fertilisers Q2 Results: Profit jumps nearly 3-fold to Rs 276 crore
"We are happy to share that the second quarter and H1 results have validated despite huge raw material price hikes, our pass through remains healthy. Our strong alignment with the India growth story provides positive tailwinds to demand growth for our products.
Q2 results this week: Maruti, Vedanta, Dabur, Tata Power, NTPC and others
SBI Cards and Payment Services, Indus Towers, Tata Chemicals, REC, Aditya Birla Sun Life AMC, V-Guard Industries, Tamilnad Mercantile Bank, PNB Housing Finance, Latent View Analytics, PC Jeweller, Lloyds Steels Industries, Indian Metals & Ferro Alloys, Supreme Petrochem, Gangotri Textile
Load More