Mumbai, Jan 24: Hindustan Petroleum Corporation Limited (#HPCL) on January 23 reported 471 percent surge in standalone net profit at Rs 3,023 crore for the quarter ended December 31, 2024 on account improved margins and weak base. It reported net profit of Rs 529 crore in the year-ago period.
The state-run oil retailer’s net profit rose 379 percent sequentially, as it posted profit of Rs 631.18 crore in the September quarter. The company’s total income rose marginally to Rs 1,19,415 crore in Q3FY25 as against Rs 1,19,000 in the year-ago period.
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