Hindustan Petroleum Corporation's Q1 FY 2025-26 Quarterly Results

Result Summary

• Hindustan Petroleum Corporation Ltd reported a 3.3% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 2.7%.
• Its expenses for the quarter were down by 5.8% QoQ and 7.3% YoY.
• The net profit increased 51.7% QoQ and increased 548.5% YoY.
• The earnings per share (EPS) of Hindustan Petroleum Corporation Ltd stood at 19.3 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Hindustan Petroleum Corporation Limited (HPCL) is a major player in the oil and gas industry in India. It is primarily engaged in the refining, distribution, and marketing of petroleum products. HPCL operates major refineries in Mumbai and Visakhapatnam, along with a vast network of pipelines, terminals, and retail outlets across the country. The company deals in a variety of products, including petrol, diesel, lubricants, and liquefied petroleum gas (LPG). As of the latest financial quarter, no specific major developments have been provided, though HPCL continues to play a critical role in India’s energy sector.

Revenue

In Q1FY26, Hindustan Petroleum Corporation Ltd reported a total income of ₹111332.68 crores. This represents a decrease of 3.3% compared to the previous quarter (Q4FY25), where the total income was ₹115124.66 crores. On a year-over-year basis, total income decreased by 2.7% from ₹114433.54 crores in Q1FY25. These figures indicate slight contractions in revenue both on a quarterly and yearly comparison. The company’s revenue performance is crucial to understanding its market position and operational scale within the oil and gas sector.

Profitability

For Q1FY26, HPCL saw a significant increase in profitability metrics. The profit before tax was ₹5657.90 crores, which is a substantial increase of 90.1% quarter-over-quarter from ₹2976.91 crores in Q4FY25 and a remarkable 1256.8% year-over-year increase from ₹416.99 crores in Q1FY25. The profit after tax for Q1FY26 was ₹4110.93 crores, showing a 51.7% increase from the previous quarter and an impressive 548.5% increase from the same quarter last year. Earnings per share also saw a slight increase of 1.0% from the previous quarter, reaching ₹19.30 in Q1FY26, compared to ₹19.10 in Q4FY25, and a significant rise from ₹3.00 in Q1FY25, marking a 543.3% year-over-year increase.

Operating Metrics

HPCL's operating expenses for Q1FY26 totaled ₹105674.78 crores, reflecting a 5.8% reduction from ₹112147.75 crores in Q4FY25 and a 7.3% decrease from ₹114016.55 crores in Q1FY25. This reduction in expenses indicates a contraction in operational spending. The tax expense for the quarter was ₹1435.69 crores, representing a 246.0% increase from the previous quarter’s tax of ₹414.97 crores and a 738.9% increase from ₹171.13 crores in Q1FY25. This increase in tax outgo aligns with the rise in profitability. These operating metrics provide insights into the company’s cost management and tax efficiency strategies during the period.