New Delhi, 8th November 2023
Financial Performance Update
Hindustan Petroleum Corporation Limited (HPCL) has reported Revenue from operations of ₹ 102,618 crore for the period Jul-Sep 2023. For the period Apr-Sep 2023, the Revenues were ₹ 2,21,662 crore.
The Company has reported Highest Ever Half-YearlyConsolidated Profit after Tax (PAT) of ₹ 12,592 crore during Apr-Sep 2023 (Consolidated Net Loss of ₹ 11,033 crore during the corresponding period of previous year).Standalone PAT during this periodwas also highest ever at ₹ 11,322 crore as compared to Standalone Net Loss of ₹ 12,369crore during the corresponding period of previous year.The standalone PAT for the period Jul-Sep 2023 was ₹ 5,118 crore (Net Loss of ₹ 2,172 crore during the corresponding period of previous year).
Average GRMs (Gross of export duty) for the period Jul-Sep 2023 were US$ 13.33 per barrel (US$ 8.41 per barrel during the corresponding period of previous year). The Average GRMs (Gross of export duty) for the period Apr-Sep 2023 were US$ 10.49 per barrel (US$ 12.62 per barrel during the corresponding period of previous year).
