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HPCL, BPCL, and IOCL are expected to post a combined EBITDA loss of up to Rs 47,700 crore in Q1FY27 as elevated crude prices, LPG under-recoveries, weak marketing margins, and rupee depreciation all hit at once. Analysts warn further fuel price hikes may be necessary if crude stays high.
India's state-owned oil marketing companies, IOC, BPCL, and HPCL, face an estimated Rs 1.2 lakh crore combined loss in Q1 FY26 as crude prices rise and LPG under-recoveries widen. With the Centre ruling out fuel price hikes, a full-year profit wipeout is now a real risk.
Tag
HPCL, BPCL, and IOCL are expected to post a combined EBITDA loss of up to Rs 47,700 crore in Q1FY27 as elevated crude prices, LPG under-recoveries, weak marketing margins, and rupee depreciation all hit at once. Analysts warn further fuel price hikes may be necessary if crude stays high.
1mo ago · 4 min · Markets
India's state-owned oil marketing companies, IOC, BPCL, and HPCL, face an estimated Rs 1.2 lakh crore combined loss in Q1 FY26 as crude prices rise and LPG under-recoveries widen. With the Centre ruling out fuel price hikes, a full-year profit wipeout is now a real risk.
3mo ago · 3 min · Markets
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