HPCL reported net revenue of Rs. 66,155cr in Q4FY20, a fall of 2.6% YoY due to drop in crude oil prices during the quarter. The crude throughput fell 1.3% YoY to 4.54mmt (+9.1% QoQ) at Mumbai and Visakh refineries. However, pipeline throughput went up 2.0% YoY to 5.72mmt. Domestic sales volumes fell 7.8% YoY to 9.25mmt due to weaker transportation fuel demand and contraction in economic activities amidst COVID-19 lockdown throughout the nation. Oil prices impacted the margins Gross refining margins (GRM) for the quarter contracted to USD -1.23/bbl (vs....