VERIFIEDET Stocks·9 Jul 2026negative

This sector is set to dominate Q1 earnings for all the wrong reasons

AI Summary

·Oil marketing companies like HPCL, BPCL, and IOCL are projected to report significant losses in Q1.
·Elevated crude prices have severely impacted fuel marketing margins for these companies.
·The anticipated losses from oil marketing companies are expected to overshadow profit growth in other sectors.