HPCL Q1 Results: standalone pat sky rockets 1,128% yoj to RS 4,371 crore, turnover sees marginal decline

Hindustan Petroleum Corporation (HPCL) reported a jump of 1,128% on Thursday in the standing net profit from Q1 to RS 4,371 Crore compared to RS 355 Crore in the period of the year ago. The income of the State Refiner from the activities was RS 1,20,135 Crore, which was marginal by 0.6% compared to RS 1.20,878 Crore posted in the corresponding quarter of the last financial year.

The consolidated profit of the company after tax (PAT) was on RS 4,111 Crore versus RS 634 Crore in Q1FY25, as witnessed by a jump of 548%.

The gross refining margin (GRM) in the revised quarter was $ 3.08 per barrel versus $ 5.03 per barrel in Q1FY25.

In a business statement, HPCL said that the Q1 Quarter was witnessed by strong operational and financial performance, with the refineries three-monthly transit of 6.66 mmt registering an annual basis of 15.6%and an average use of 109%. The sales volume of the market of 13.04 mmt (including export) for the quarter was a record high, which represents a growth of 3.2%.

Visakh refinery registered the highest quarterly rough transit ever of 4.16 mmt that worked on 111% of its nameplate capacity, while the Mumbai refinery registered three-month transit of 2.50 mmt on 106% of the capacity of the name plate.

HPCL said that four new raw figures (three imported and one native) were processed in Q1 FY26. Also read: BSE Q1 Results: Cons Pat Jumps 103% JoJ to RS 539 Crore, Turnover increases 59% Sales volume:

Q1FY26 Sales (including export) was 13.04 mmt, an increase of 3.2% yoj. Domestic sales growth increased by 1.9% and the combined turnover of gasoline (MS) and Diesel (HSD) was 8.11 mmt, an increase of 1.1% yoj.

Total LPG turnover (Domestic and Non-Domestic): 2.21 mmt (↑ 6.6% JoJ)

Pipelines:
Pipeline -Doors in Q1 FY26: 6.70 MMT

Network expansion and outreach
• Shops commissioned by Q1 FY26: 154 (total: 23,901)
• New LPG distributors in Q1 FY26: 6 (total: 6,384)
• CGD network in Q1 FY26: 711 inch-KM steel and 164 km MDPE pipeline laid. 8,024 Domestic PNG connections (total: 1,24,484)
• First stock of lubricants were made to Indonesia, which expanded the worldwide footprints of the company

Read also: Titan Company Q1 Results: standalone Pat strictly 34% yoj to RS 1,030 crore, Beats estimates

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