*Hindustan Petroleum Corporation Q1 (Standalone, QoQ)*
Revenue down 43% at Rs 37,720.8 crore (Est Rs 42,777 crore)
Net profit at Rs 2813.8 crore versus Rs 26.8 crore (Est Rs 1,523 crore)
Ebidta gain at Rs 4,354.2 cr versus Ebidta loss at Rs 706.7 crore (Est Ebidta gain at Rs 2,635 crore)
GRM at $0.04/bbl versus Negative GRM at $1.22/bbl (Est $2.5/bbl) Rise in net profit due to inventory gains despite weak GRMs Improvement in marketing margins partly make up for lower volumes
Other Income at Rs 562.6 crore Rs 424.1 crore due to forex gains
Exceptional loss of Rs 1,000 crore and tax reversal of Rs 2,578 crore in base quarter