Hindustan Petroleum Corporation Limited (HPCL) on May 6 reported 18 percent increase in standalone net profit at Rs 3,355 crore for the quarter ended March 31, 2025, on account of healthy marketing margins. It reported net profit of Rs 2,843 crore in the year-ago period.
The state-run oil retailer's net profit fell 11 percent sequentially, as it posted profit of Rs 3,023 crore in the December quarter. HPCL’s revenue from operations decreased 2 percent to Rs 1.18 lakh crore in Q4FY25 as against Rs 1.21 lakh crore in the year-ago period.
The company declared final dividend of Rs 10.5 per share for FY25.
The crude throughput of the company was 6.74 Million Metric Tonne (MMT) during the quarter, compared to 5.84 MMT last year.
On the marketing front, quarterly domestic market sales of HPCL came in at 12.11 MMT during Jan-Mar 2025 from 11.80 MMT in last year. Exports in the quarter came in at 0.59 MMT.
The average Gross Refining Margin (GRM) of HPCL during the financial year 2024-25 (FY25) was lower at $5.74 per barrel, as against $9.08 per barrel during last year.
Meanwhile, HPCL reported under-recovery to the tune of Rs 10,894.53 crore on sale of LPG cylinders in the financial year 2024-25.
On May 6, HPCL's shares on BSE closed 3% lower at Rs 397.4 apiece.
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