HPCL targets ₹1,500 crore EBITDA amid capex cuts
after close1 source ↓written by the desknot a recommendation
- through Samriddhi 2.0
- ₹1,500 crore in EBITDA improvements
HPCL reported a standalone net loss of ₹11,526 crore in Q1 FY27 due to crude inventory write-downs. To stabilize its finances, the company is curbing its ₹9,700 crore annual CapEx and aims for ₹1,500 crore in EBITDA improvements through Samriddhi 2.0. Market volatility has led to a conservative operational outlook, deferring profit guidance.
Not investment advice. For informational purposes only.