Tuesday, May 28

CP UPDATE: HPCL

State-run Hindustan Petroleum (HPCL ) is likely to post 42.7 percent year-on-year jump in March quarter profit to Rs 6612 crore on higher refining margins and lower under-recovery due to diesel decontrol and lower LPG (liquefied petroleum gas) subsidy.Sales are also expected to climb around 4.4 percent to Rs 54,774 crore, estimates a CNBC-TV18 poll.

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