HPCL Q3 results: Net profit rises nearly 380%

HPCL Q3 results: Net profit rises nearly 380%


Hindustan Petroleum Corporation’s standalone net profit rose nearly 380% sequentially to Rs 3,023 crore for the quarter ended December 31, 2024. This is in line with the consensus estimate of Rs 3,189 crore shared by analysts tracked by Bloomberg.

The company’s third-quarter revenue rose 10.1% to Rs 1.10 lakh crore in the last three months, according to an exchange filing on Thursday. This compares with a consensus estimate of Rs 1,00,131 crore from analysts tracked by Bloomberg.