HPCL Q1 Results Highlights: Net profit declines 90.6% to ₹633.9 crore, income up 1.4%

3 min read | Updated on July 29, 2024, 17:41 IST

SUMMARY

HPCL Q1 Results: Hindustan Petroleum Corporation Ltd (HPCL) reported a 90.6% decline in its consolidated net profit to ₹633.9 crore in Q1 FY25 as against ₹6,765.5 crore in the year-ago period.

HPCL Q1 results

HPCL Q1 Results Live Update at 5:41 pm: The company invested ₹2,017 crore during Q1 FY25 to further strengthen its refining and marketing infrastructure, including its equity investment in joint venture and subsidiary companies.

HPCL Q1 Results Live Update at 5:39 pm: HPCL recorded the highest-ever quarterly sales volume of 12.63 MMT (including exports) during 1QFY25, registering a growth of 6.6% as against 11.85 MMT during 1QFY24. The company also achieved a market share gain of 0.25% amongst PSU Oil Marketing Companies during the period.

HPCL Q1 Results Live Update at 5:25 pm: HPCL earned USD 5.03 on turning every barrel of crude oil into fuel in the quarter under review, as compared to a gross refining margin of USD 7.44 per barrel in the same period last year.

HPCL Q1 Results Live Update at 5:15 pm: Total income rose 1.4% to ₹1,21,488.56 crore in Q1 FY25 as against ₹1,19,761.74 crore in the year-ago period.

HPCL Q1 Results Live Update at 5:11 pm: Hindustan Petroleum Corporation Ltd (HPCL) reported a 90.6% decline in its consolidated net profit to ₹633.9 crore in Q1 FY25 as against ₹6,765.5 crore in the year-ago period.

HPCL Q1 Results Live Update at 3:40 pm: Shares of Hindustan Petroleum Corporation Ltd were trading 1.4% higher at ₹381.9 on the NSE.

HPCL Q1 Results Live Update at 2:30 pm: Businesses

HP Refineries
HP Retail (Petrol Pumps)
HP Gas (LPG)
HP Lubricants
HP Aviation
HP Direct Sales
HP Projects and Pipelines
HP Supplies, Operations and Distribution (SOD)
HP International Trade
HP Natural Gas and Renewables
HP Natural Gas
HP Petrochemicals
HP Research and Development

HPCL Q1 Results Live Update at 1:16 pm: Trading stats

Current price: ₹380 (+0.9%)
Open: ₹386
High: ₹389.3
Low: ₹379.5
Total market cap: ₹80,857.2 crore

HPCL Q1 Results Live Update at 12:21 pm: Shares of state-run oil marketing company were trading 1.4% higher at ₹382.1 on the NSE.

HPCL Q1 Results Live Update at 10:59 am: Board of Directors

Pushp Kumar Joshi, Chairman & Managing Director
Rajneesh Narang, Director - Finance
S Bharathan, Director - Refineries
Amit Garg, Director - Marketing
K S Shetty, Director - Human Resources
Vinod Seshan, Government Director
Pankaj Kumar, Government Director
Vimla Pradhan, Independent Director
Vivekananda Biswal, Independent Director
Ramdarshan Singh Pal, Independent Director
Dr Nagaraja Bhalki, Independent Director
K S Narendiran, Independent Director

HPCL Q1 Results Live Update at 10:04 am: Trading stats

Current price: ₹383.4 (+1.5%)
Open: ₹386
High: ₹389.3
Low: ₹381.1
Total market cap: ₹81,367.9 crore

HPCL Q1 Results Live Update at 9:23 am: Shares of state-run oil marketing company up 3% to ₹387.8 on the NSE.

HPCL Q1 Results LIVE: Hindustan Petroleum Corporation Ltd (HPCL) will announce its financial results for the first quarter of fiscal year 2024-25 on Monday, July 29.

HPCL had posted a net profit of ₹2,709.3 crore in the fourth quarter of financial year 2023-24 (Q4 FY24), down 25% against ₹3,608.3 crore net profit in the year-ago period.

Other companies that will announce Q1 results today include Bharat Electronics Ltd (BEL), Adani Wilmar, ACC, Adani Total Gas, NDTV, Pfizer, Colgate Palmolive (India), Kansai Nerolac Paints, Jindal Saw, KEI Enterprises, Mangalore Chemicals and Fertilisers and Indian Bank.

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HPCL Q1 Results Highlights: Net profit declines 90.6% to ₹633.9 crore, income up 1.4%

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