{"id":505633,"date":"2022-07-15T11:27:52","date_gmt":"2022-07-15T05:57:52","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=505633"},"modified":"2022-07-15T11:27:52","modified_gmt":"2022-07-15T05:57:52","slug":"oil-marketing-companies-q1-margins-to-take-a-hit-icici-direct","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-marketing-companies-q1-margins-to-take-a-hit-icici-direct\/","title":{"rendered":"Oil marketing companies\u2019 Q1 margins to take a hit: ICICI Direct"},"content":{"rendered":"<p>Strong refining margins notwithstanding, Indian Oil Corporation\u2019s Q1 FY23 profit after tax (PAT) is likely to fall by around 68% in the first quarter to Rs 1,937 crore quarter-on-quarter (q-o-q) on marketing losses, brokerage firm ICICI Direct Research estimated.<\/p>\n<p>In a report released Thursday, ICICI Direct said Hindustan Petroleum Corporation (HPCL) may report a Rs 3,721-crore loss and Bharat Petroleum Corporation (BPCL) Rs 1,642 crore in the first quarter of the current fiscal.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Strong refining margins notwithstanding, Indian Oil Corporation\u2019s Q1 FY23 profit after tax (PAT) is likely to fall by around 68% in the first quarter to Rs 1,937 crore quarter-on-quarter (q-o-q) on marketing losses, brokerage firm ICICI Direct Research estimated. In a report released Thursday, ICICI Direct said Hindustan Petroleum Corporation (HPCL) may report a Rs 3,721-crore loss and Bharat Petroleum Corporation (BPCL) Rs 1,642 crore in the first quarter of the current fiscal.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,195,138],"tags":[],"class_list":["post-505633","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/505633","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=505633"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/505633\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=505633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=505633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=505633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}