Mumbai, Jan 22: Hindustan Petroleum Corporation Limited (HPCL) announced strong financial results for the quarter and nine months ending December 31, 2025, featuring substantial growth in both standalone and consolidated profits.
Key highlights include a 206% rise in standalone profit after tax to ₹12,274 crore and a 261% increase in consolidated profit after tax to ₹11,982 crore. The refining segment showed resilience with a throughput rise of 5.8%, reaching 19.61 MMT for 9M FY26, alongside a robust gross refining margin (GRM) of US$8.85 per barrel in Q3.
Operational gains were noted as HPCL recorded the highest crude throughput at its refineries, including significant contributions from the Visakh Refinery, operated at 108% of capacity. Marketing performance was equally strong, with a 3.6% sales volume increase to 38.45 MMT for 9M FY26, boosted by domestic sales growth and higher LPG sales.
Strategically, HPCL invested ₹11,094 crore in capital expenditures during the first nine months, with ongoing projects like the Residue Upgradation Facility (RUF) enhancing processing capabilities. Notable infrastructure expansions included new retail outlets, LPG distributors, and comprehensive pipeline enhancements.
In the sphere of innovation, Project Samriddhi added ₹1,267 crore in EBITDA improvement, while the HP Pay loyalty app experienced significant uptake.
On the sustainability front, HPCL made strides in renewable energy, adding over 1 lakh solar panels and progressing toward sustainable aviation fuel production through trial co-processing of used cooking oil, reflecting a commitment to energy transition.
