financetom
Market
financetom
/
Market
/
BPCL to announce Q2 earnings tomorrow; here's what to expect
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
BPCL to announce Q2 earnings tomorrow; here's what to expect
Oct 28, 2020 9:17 AM

State-owned Bharat Petroleum Corporation Ltd (BPCL) is scheduled to announce its September quarter earnings of FY21 (Q2FY21) on Thursday (October 29).

CNBC-TV18 expects a margin decline driven by weakness in the marketing segment of the national oil marketer. The company may report a decline of 32 percent in net profit.

Revenues are expected to go up by 49 percent, however, EBITDA (Earnings before interest, taxes, depreciation, and amortization) is expected to decline by 28 percent on a sequential basis.

Watch the video to know more.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Sector Update: Energy Stocks Edge Higher in Late Tuesday Afternoon Trading
Sector Update: Energy Stocks Edge Higher in Late Tuesday Afternoon Trading
May 7, 2024
03:48 PM EDT, 05/07/2024 (MT Newswires) -- Energy stocks edged higher late Tuesday afternoon with the NYSE Energy Sector Index and the Energy Select Sector SPDR Fund (XLE) both up 0.1%. The Philadelphia Oil Service Sector Index and the Dow Jones US Utilities index both gained 0.9%. West Texas Intermediate crude oil was little changed at $78.49 a barrel, while...
Equity Markets Mixed as Investors Evaluate Corporate Earnings
Equity Markets Mixed as Investors Evaluate Corporate Earnings
May 7, 2024
03:45 PM EDT, 05/07/2024 (MT Newswires) -- US benchmark equity indexes were struggling for direction ahead of Tuesday's close, as traders weighed the latest batch of corporate earnings. The Dow Jones Industrial Average and the S&P 500 were up 0.1% at 38,892.1 and 5,186.5, respectively, while the Nasdaq Composite fell 0.1% to 16,334.2. Among sectors, materials and real estate paced...
Sector Update: Health Care
Sector Update: Health Care
May 7, 2024
03:39 PM EDT, 05/07/2024 (MT Newswires) -- Health care stocks rose late Tuesday afternoon with the NYSE Health Care Index adding 0.9% and the Health Care Select Sector SPDR Fund (XLV) up 0.8%. The iShares Biotechnology ETF (IBB) rose 0.3%. In corporate news, Fresenius Medical Care ( FMS ) shares slumped 6.3% after the company reported Q1 earnings. ...
Sector Update: Consumer Stocks Mixed in Late Afternoon Trading
Sector Update: Consumer Stocks Mixed in Late Afternoon Trading
May 7, 2024
03:47 PM EDT, 05/07/2024 (MT Newswires) -- Consumer stocks were mixed late Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.9% and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.7%. In economic news, J & J Snack Foods ( JJSF ) shares surged 16% in recent trading, a day after the company posted its...
Copyright 2023-2026 - www.financetom.com All Rights Reserved