Tata Motors, Petronet LNG, Apollo Hospitals, IRCTC among companies set to announce Q1FY27 results today.
Combined capital expenditure by 12 oil and gas PSUs fell 3.8 per cent to Rs 27,161 crore in Q1FY27, led by sharp declines at ONGC and Indian Oil, though experts see the dip as temporary
The state-run refiner plans to raise petrochemical intensity to 16% while expanding renewables, pipelines, green hydrogen and sustainable aviation fuel capacity.
Elevated crude prices against the backdrop of the West Asia crisis remained the key factor that roiled the OMCs' Q1 earnings performance.
State-run oil major says it has secured crude supplies until late September despite West Asia disruptions, while LPG under-recoveries continued to weigh on earnings
Q1FY27 company results: Firms including Bajaj Finserv, Aditya Birla Capital, GAIL (India), Shree Cement, Dixon Technologies, and Sun Pharmaceutical are also to release their April-June earnings today
Stocks to watch today: Tata Steel, Tata Power, ITC, Sun Pharma, Swiggy, IOCL, IRFC, Maruti Suzuki, Bajaj Finance, JBM Auto, LIC Housing Finance, Hyundai Motor, among others, will be in focus today
Demand for 100-octane petrol has surged, particularly in Delhi, as social media claims over E20-related vehicle damage prompt more motorists to switch fuels
Nomura said that elevated crude oil prices are negative for OMCs' marketing margins and CGDs' input costs, while positive for upstream realisations in the near term.
Thus far in the calendar year 2026, the stock price of HPCL, BPCL and IOC plunged between 17 per cent and 22 per cent, as against a 8.9 per cent decline in BSE Sensex.
Here's what leading brokerages expect from India Inc. in Q1-FY27 and a deep dive into expectations across companies in the frontline sectors.
Q1 earnings preview: ICICI Securities said that OMCs could report significant losses, driven by higher retail fuel losses, inventory losses and a sharp rise in LPG under-recovery.
Profitability at state-run oil marketing companies (OMCs) is set to improve as falling crude oil prices lift fuel marketing margins, although rising debt levels and uncertainty over fuel taxes could limit the sector's longer-term earnings outlook, according to a JP Morgan report. Composite margins on petrol and diesel sales at state-run refiners and fuel retailers are now above levels seen before the recent Middle East conflict, with gains driven by lower crude prices and reduced central excise duties, it said. The start of the West Asia conflict triggered a surge in global oil prices but retail pump rates in India remained steady for large parts and rising only by a fraction of the required increase. Even after the Rs 7.50 per litre increase in petrol and diesel prices in May, retail pump rates were lower than the cost. "Our estimates for OMC composite margins on petrol and diesel are now higher than pre-war levels. Losses on LPG are still elevated, but should also start to track o
Among sectors, Bernstein expects oil marketing companies (OMCs) will likely stand to benefit from reduced crude oil prices that dropped around 4 per cent on Monday to $83 a barrel (bbl)
A reopening of the Strait of Hormuz would provide significant relief for India by easing concerns over oil supplies, lowering freight costs and reducing pressure on inflation.
Oil market companies (OMCs) gain, while upstream oil companies fall after brent crude oil prices fell
Oil prices slipped to a two-week low on Monday amid optimism over a potential US-Iran agreement
Indian Oil Corporation (IOC), the nation's largest oil firm, on Saturday said there was no overall shortage of petrol and diesel in the country and described fuel outages reported at some retail outlets as "highly localised" and temporary, caused by regional demand-supply mismatches and shifting sales patterns. The state-owned fuel retailer said higher demand at certain outlets was driven by a seasonal rise in diesel consumption during the harvesting season, migration of customers from private pumps where retail prices were relatively higher, and increased institutional purchases at public sector outlets as bulk fuel supplies were being priced in line with elevated international rates. The company said petrol sales during May 1-22 rose 14 per cent year-on-year, while diesel sales increased around 18 per cent, reflecting "sustained and exceptionally high" growth in demand that it continued to meet across the country. In a statement, IOC said it "wishes to reassure customers and the .
Indian Oil reported a 56.6 per cent Y-o-Y increase in net profit to ₹11,377.51 crore, compared with ₹7,264.85 crore in the corresponding quarter of the previous fiscal
Petrol and diesel prices were raised by around 90 paise per litre on Tuesday, marking the second fuel price hike in less than a week