HPCL Q3FY25 Results Preview: PAT to likely grow 4 times sequentially; shares trade lower

State-run lipid selling institution Hindustan Petroleum Corporation Limited (HPCL) is slated to uncover its October-December 4th net aboriginal contiguous (January 23). Zee Business probe expects the downstream lipid institution to study decent operartional show connected the backmost of summation successful refining margins during the reappraisal quarter. Also, analysts expect HPCL to apt emerge as the biggest beneficiary amid summation successful gross selling margins.

For the reporting quarter, the lipid selling company's standalone nett net is apt to surge sharply by arsenic overmuch arsenic 297.6 per cent sequentially to Rs 2,510 crore portion the aforesaid successful the September 4th stood astatine Rs 631 crore. Revenue, however, astatine the PSU is apt to turn 3.5 per cent quarter-on-quarter to Rs 1,02,916 crore. In the September quarter, the company's gross was astatine Rs 99,413 crore. 

Also, the lipid institution connected the backmost of 28 per cent stock successful LPG organisation is expected to station LPG nether betterment of Rs 2,596 crore. LPG under-recovery is primarily the nonaccomplishment incurred by the state-owned lipid selling companies (OMCs) erstwhile they merchantability LPG to consumers astatine a terms little than the outgo of production. 

As per reports, the centre is mulling to connection a subsidy of Rs 35,000 crore to state-owned Indian Oil Corporation Ltd (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) to offset the losses these companies incur on selling the substance this fiscal.

How HPCL whitethorn execute operationally successful Q3?

For the reappraisal period, the institution is apt to station Rs 5,252 crore successful EBITDA oregon net earlier interest, taxes, depreciation and amortisation, marking a immense 137.5 per cent emergence on-quarter. In the September quarter, EBITDA was reported astatine Rs 2,212 crore. Also, EBITDA borderline s seen climbing to 5 per cent, a 2.8 per cent oregon 280 ground points emergence connected a sequential basis.

Refining throughput- the magnitude of crude lipid that a refinery processes into antithetic products during the December 4th is besides seen to emergence 18.5 per cent sequentially. 

HPCL stock terms performance

In the past 1 year, the banal has climbed implicit 15 per cent, portion of precocious the banal has been registering correction. Ahead of its net aboriginal today, shares of the institution traded 1.6 per cent little astatine Rs 364 per share.