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June 20, 2026
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HPCL swings back to profit on-year at Rs 5,827 crore in Q2

HPCL Q3 results: Net profit soars 471% to Rs 3,023 crore

Mumbai, Nov 07: 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).