MRPL reported Q2FY19 numbers, which were below our estimates on the profitability front. Revenues increased 6.9% QoQ to | 17732.9 crore (our estimate of | 18393.7 crore). Crude throughput was at 3.9 MMT in Q2FY19, flat QoQ, slightly above our estimate of 3.7 MMT Reported GRMs during the quarter came in at US$ 4.4/bbl below our estimates of US$8.6/bbl. Reported GRMs include inventory gains, which were at US$2.1/bbl (our estimate of US$3.2/bbl) Subsequently, loss during the quarter was at | 81.2 crore against our...