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.