Trade Spotlight: What should you do with Poonawalla Fincorp, HPCL, Alkem Laboratories today?
Poonawalla Fincorp continued its healthy uptrend for yet another session, and formed robust bullish candlestick pattern on the daily charts, with strong volumes, after breaking out falling resistance trendline.
HINDUSTAN PETROLEUM CORPORATION LTD. - 500104 - Intimation Regarding Online Dispute Resolution ('ODR') Mechanism
Email Communication sent to the Members about the introduction of Online Dispute Mechanism(ODR) by SEBI
HPCL share price jumps 24% in nine days; check out key reasons behind the rally
HPCL shares rise for ninth straight day, up 24% as OMC companies benefit from decline in crude oil prices. HPCL reports Q2 net profit of 5,826.96 crore due to low crude prices and higher gross refining margin. HINDUSTAN PETROLEUM CORPORATION LTD. - 500104 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Audio Recording- Conference Call to discuss 2QFY24 earnings
Hindustan Petroleum Corporation Results Earnings Call for Q2FY24
Conference Call with Hindustan Petroleum Corporation Management and Analysts on Q2FY24 Performance and Outlook. Listen to the full earnings transcript. Q2FY24 Quarterly & H1FY24 Bi-Annual Result Announced for Hindustan Petroleum Corporation Ltd.
Refineries/Petro-products company Hindustan Petroleum Corporation announced Q2FY24 & H1FY24 results: 1. Financial Performance: - Revenue from operations of Rs 1,02,618 crore for Q2FY24. For H1FY24, the Revenues were Rs 2,21,662 crore. - Consolidated profit after tax (PAT) of Rs 12,592 crore during H1FY24, compared to a net loss of Rs 11,033 crore in H1FY23. - Standalone PAT for H1FY24 was also the highest ever at Rs 11,322 crore, compared to a net loss of Rs 12,369 crore last year. - Average Gross Refining Margins (GRMs) for Q2FY24 were USD 13.33 per barrel, an increase from USD 8.41 per barrel in Q2FY23. 2. Exceptional Physical Performance: - HPCL's refineries processed a record quarterly crude throughput of 5.75 MMT during Q2FY24, operating at 111.6% capacity, marking a 28% growth from Q2FY23. - Visakhapatnam Refinery processed the highest ever quarterly crude throughput of 3.23 MMT, while Mumbai Refinery recorded its highest quarterly crude throughput of 2.52 MMT. - The half-yearly crude throughput for Apr-Sep 2023 was 11.15 MMT, a growth of 19.9% over the previous year. 3. Marketing Performance: - HPCL achieved a quarterly total sales volume of 10.74 MMT during Q2FY24, representing a growth of 3.4% compared to the same period last year. - Domestic sales volume registered a growth of 3.02% with 10.08 MMT sold during the quarter. - HPCL recorded the highest-ever LPG sales of 4.04 MMT during H1FY24, with a growth of 4.4% compared to the previous year. - The company's presence in the aviation segment grew by 27.4% during the same period. 4. Projects and Initiatives: - HPCL has invested Rs 7,196 crore during H1FY24 to strengthen refining and marketing infrastructure. - The Visakhapatnam Refinery Modernization Project achieved the commissioning of a new Hydrogen Generation Unit and Sulphur Recovery Unit, among other milestones. - The 9 MMTPA grassroots refinery cum petrochemical project at Barmer, Rajasthan achieved mechanical completion of the Diesel Hydrotreating and Hydrogen Generation Units. - New initiatives include collaborations for research in green hydrogen, battery technology, and biofuels, and partnerships for white-label ATMs and electric two-wheeler battery swapping. Result PDF HINDUSTAN PETROLEUM CORPORATION LTD. - 500104 - Board Meeting Outcome for Unaudited Financial Results For The 2Nd Quarter & Half Year Ended September 30, 2023 (Financial Year 2023-24)
Unaudited Financial Results for the 2nd Quarter & Half Year ended September 30, 2023 (Financial Year 2023-24)
