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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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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.
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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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