Hindustan Petroleum Corporation's Q2 FY 2025-26 Quarterly Results

Result Summary

• Hindustan Petroleum Corporation Ltd reported a 8.9% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 0.9%.
• Its expenses for the quarter were down by 8.7% QoQ and 3.3% YoY.
• The net profit decreased 6.1% QoQ and increased 2605.1% YoY.
• The earnings per share (EPS) of Hindustan Petroleum Corporation Ltd stood at 18.14 during Q2 FY 2025-26.

Financial Statments for Q2 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 Ltd (HPCL) is a leading player in the petroleum industry in India. It primarily deals in refining and marketing of petroleum products. HPCL owns and operates refineries in Mumbai and Visakhapatnam, producing a range of petroleum products such as petrol, diesel, lubricants, and LPG. As a significant entity in the oil and gas sector, HPCL plays a crucial role in meeting India's energy demands. The company is recognized for its extensive distribution network, which includes petrol pumps, LPG distributorships, and aviation service stations. HPCL is a government-owned entity, forming part of the Maharatna category of Central Public Sector Enterprises in India. Recent developments around the company include its ongoing efforts to expand refining capacity and investments in sustainable energy projects.

Revenue

In the second quarter of fiscal year 2026 (Q2FY26), Hindustan Petroleum Corporation Ltd reported a total income of ₹101,377.92 crores. This represented a decrease of 8.9% compared to the first quarter of fiscal year 2026 (Q1FY26), where the total income was ₹111,332.68 crores. Year-over-year, there was a slight increase of 0.9% in total income compared to the same quarter in the previous fiscal year (Q2FY25), which recorded total income of ₹100,483.46 crores. The revenue figures reflect the company's performance in its core activities of refining and marketing petroleum products over the specified periods.

Profitability

The company's Profit Before Tax (PBT) for Q2FY26 was ₹4,938.12 crores, which marked a decrease of 12.7% from the previous quarter (Q1FY26), where the PBT was ₹5,657.90 crores. Compared to Q2FY25, the PBT increased significantly by 567.1%, up from ₹740.21 crores. After accounting for taxes amounting to ₹1,271.61 crores in Q2FY26, the Profit After Tax (PAT) stood at ₹3,859.30 crores. This was a 6.1% decrease from the previous quarter's PAT of ₹4,110.93 crores. However, on a year-over-year basis, PAT experienced a substantial increase of 2,605.1% compared to ₹142.67 crores in Q2FY25. The Earnings Per Share (EPS) for Q2FY26 was ₹18.14, reflecting a decrease of 6.1% from Q1FY26, but a remarkable increase of 2,607.5% compared to Q2FY25.

Operating Metrics

The analysis of operational expenses shows that total expenses for Q2FY26 were ₹96,439.80 crores, a decrease of 8.7% from Q1FY26, where expenses were ₹105,674.78 crores. When compared to Q2FY25, expenses declined by 3.3% from ₹99,743.25 crores. The reduced expenses in Q2FY26 contributed to the company's profitability improvements on a year-over-year basis. However, both quarter-over-quarter and year-over-year comparisons show fluctuations in income and expenses, influencing the overall financial performance. The operational metrics highlight HPCL's ability to manage its cost structure effectively while navigating the dynamic energy market.