Summary

Hindustan Petroleum Corporation Limited (HPCL) has reported Standalone Revenue from Operations of ₹ 1,18,936 crore during 3QFY25, representing a 0.4% increase over 3QFY24. The Company’s Standalone Profit after Tax (PAT) during the quarter is ₹ 3,023 crore, a significant increase of 471% over 3QFY24. This increase in profitability is attributable to robust physical performance and operational efficiencies in both Refining and Marketing divisions, coupled with improved margins.

Key Highlights

1. 1

   HPCL reports a 471% Y-o-Y increase in Standalone PAT for 3QFY25.

2. 2

   Standalone Revenue from Operations for 3QFY25 is ₹ 1,18,936 crore.

3. 3

   Robust physical performance and operational efficiencies in Refining and Marketing divisions contribute to increased profitability.

4. 4

   Average GRM during 3QFY25 is US$ 6.01 per barrel.

5. 5

   HPCL records highest ever crude thruput of 18.53 MMT in Apr-Dec 2024.

6. 6

   HPCL achieved sales volume growth of 8.2% during the quarter, as against Industry growth of 6.3%.

7. 7

   HPCL recorded market share gain of 0.36% during 3QFY 24.

8. 8

   HPCL LNG Ltd. successfully completed discharge of the LNG commissioning cargo into the onshore tanks of its 5 MMTPA regassification terminal at Chhara, Gujarat.

9. 9

   HPCL commenced work on the ‘Lube Modernization and Bottoms Upgradation Project’ at Mumbai Refinery.

10. 10

    Mumbai Refinery commissioned VGO hydrotreating in DHT Unit.

11. 11

    Construction of all Process Units of the ongoing 9 MMTPA integrated grassroot Refinery-cum-P etrochemical project at Barmer, Rajasthan is progressing in full swing.

12. 12

    HPCL commissioned 452 Retail Outlets across the country during 3QFY25.

13. 13

    HP Green R&D Centre (HPGRDC) entered into Memorandum of Agreement with M/s Engineers India Limited as an exclusive ‘Technology & Engineering Partner’ for engineering, marketing, and commercialization of the HP-PSA (Hydrogen Pressure Swing Adsorption) technology.