{"id":49258,"date":"2026-05-13T11:35:31","date_gmt":"2026-05-13T11:35:31","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2026\/05\/13\/hpcl-q4-profit-jumps-46-on-strong-refining-margins\/"},"modified":"2026-05-13T11:35:31","modified_gmt":"2026-05-13T11:35:31","slug":"hpcl-q4-profit-jumps-46-on-strong-refining-margins","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2026\/05\/13\/hpcl-q4-profit-jumps-46-on-strong-refining-margins\/","title":{"rendered":"HPCL Q4 profit jumps 46% on strong refining margins"},"content":{"rendered":"
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Hindustan Petroleum Corporation Limited reported a sharp rise in profit for the fourth quarter and full financial year 2025-26<\/a>, supported by stronger refining margins, higher refinery throughput, and steady growth in fuel sales volumes.<\/p>\n

The state-run oil marketing company announced its financial results for the quarter and year ended March 31, 2026, on Wednesday. <\/p>\n

The company said the performance reflected resilient refinery operations, sustained market sales growth, and continued progress in strengthening its financial position.<\/p>\n

The company\u2019s board also recommended a final dividend of \u20b919.25 per equity share with a face value of \u20b910 for FY26, subject to shareholder approval at the annual general meeting. <\/p>\n

Profit rises sharply in FY26<\/h2>\n

HPCL reported a 133% year-on-year increase in standalone profit after tax for FY26 at \u20b917,175 crore, compared with \u20b97,365 crore in FY25.<\/p>\n

Consolidated profit after tax rose 168% year-on-year to \u20b918,047 crore in FY26 from \u20b96,736 crore a year earlier.<\/p>\n

For the March quarter, standalone profit after tax increased 46% to \u20b94,902 crore from \u20b93,355 crore in the corresponding quarter last year. <\/p>\n

Consolidated quarterly profit stood at \u20b96,065 crore, compared with \u20b93,415 crore in Q4 FY25.<\/p>\n

Revenue from operations for FY26 rose to \u20b94,78,543 crore from \u20b94,66,346 crore in FY25. <\/p>\n

Quarterly revenue increased to \u20b91,23,602 crore from \u20b91,18,334 crore in the year-ago period.<\/p>\n

HPCL\u2019s quarterly net profit stood at about 49.02 billion rupees, helped by stronger refining margins and stable fuel demand.<\/p>\n

Refining margins and throughput improve<\/h2>\n

The company reported robust gross refining margins during the financial year.<\/p>\n

Gross refining margin for FY26 stood at $8.79 per barrel, compared with $5.74 per barrel in FY25. <\/p>\n

In the fourth quarter, GRM increased to $14.27 per barrel from $8.44 per barrel a year earlier.<\/p>\n

HPCL\u2019s refineries recorded their highest-ever crude throughput of 26.04 million metric tonnes during FY26, marking a 3% increase from 25.27 MMT in FY25.<\/p>\n

The company said its refineries also achieved their highest-ever distillate yield of 75.8% during the year.<\/p>\n

Visakh Refinery processed 16.04 MMT of crude during FY26 and operated at 107% of its installed capacity. <\/p>\n

Mumbai Refinery processed 10.00 MMT and operated at 105% of its capacity.<\/p>\n

During the March quarter, total refinery throughput stood at 6.43 MMT. <\/p>\n

The company also processed four new grades of crude oil during the quarter, taking the total number of grades processed during FY26 to 52.<\/p>\n

Fuel sales remain steady<\/h2>\n

HPCL reported total sales volumes, including exports, of 51.45 MMT during FY26, up 3.3% year-on-year.<\/p>\n

Domestic sales growth stood at 2.6%, while combined petrol and diesel sales rose 2.4% to 31.06 MMT.<\/p>\n

LPG sales increased 5.2% to 9.41 MMT during the year.<\/p>\n

For the fourth quarter, total sales volumes rose 2.4% year-on-year to 13.0 MMT. <\/p>\n

Combined petrol and diesel sales for the quarter increased 3.3% to 7.83 MMT.<\/p>\n

Financial discipline and expansion plans<\/h2>\n

HPCL said continued focus on financial discipline helped improve its standalone debt-equity ratio to 0.80 as of March 31, 2026, from 1.38 a year earlier.<\/p>\n

The company incurred capital expenditure of \u20b915,705 crore during FY26, including \u20b94,611 crore in the March quarter.<\/p>\n

Investments were focused on refining and marketing infrastructure, subsidiaries, joint ventures, and new business lines.<\/p>\n

HPCL Rajasthan Refinery Limited commenced crude processing trials during February 2026 and processed 176 TMT of crude during the trial run.<\/p>\n

The company said a fire broke out at the CDU unit of the refinery on April 20, 2026. <\/p>\n

The fire was brought under control without any loss of life or injuries. <\/p>\n

Restoration work is currently underway.<\/p>\n

Sustainability and energy transition initiatives<\/h2>\n

HPCL continued expanding its renewable and clean energy initiatives during FY26.<\/p>\n

The company added one compressed biogas plant under the SATAT scheme during the quarter, taking the total number of plants to 18.<\/p>\n

HPCL also added 75 CNG outlets during Q4, taking the total count to 2,253. Solar-powered retail outlets increased to 23,824, representing 95% of its retail network powered by renewable energy.<\/p>\n

The company signed multiple agreements during the year, including collaborations related to sustainable aviation fuel, LNG marketing, green hydrogen procurement, and used oil recycling infrastructure.<\/p>\n

Shares of HPCL were trading 4.8% higher in afternoon trade on Wednesday, although the stock has declined around 23% so far this year.<\/p>\n

The post HPCL Q4 profit jumps 46% on strong refining margins<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Hindustan Petroleum Corporation Limited reported a sharp rise in profit for the fourth quarter and full financial year 2025-26, supported by stronger refining margins, higher refinery throughput, and steady growth in fuel sales volumes. The state-run oil marketing company announced its financial results for the quarter and year ended March 31, 2026, on Wednesday. The <\/p>\n","protected":false},"author":1,"featured_media":49259,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-49258","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/49258","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=49258"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/49258\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/49259"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=49258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=49258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=49258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}