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HPCL Profit More Than Triples in Q3
Mint Kolkata
|January 24, 2025
Hindustan Petroleum Corp. Ltd (HPCL) on Thursday reported more than tripling of its December quarter net profit as marketing margins soared.
Consolidated net profit stood at ₹2,543.65 crore in October-December 2024, the third quarter of April 2024 to March 2025 fiscal year (FY25), compared with ₹712.84 crore earning in the same period a year back, according to a stock exchange filing of the company.
Profit was also up quarter-on-quarter when compared with ₹142.67 crore earning in July-September 2024.
Pre-tax earnings from downstream fuel retailing business jumped to ₹4,566.07 crore in the third quarter from ₹981.02 crore a year back and ₹1,285.96 crore in the preceding quarter.
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