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HPCL Share Price Today: Shares of Hindustan Petroleum Corporation Ltd (HPCL) rose over 3 per cent on Friday, hitting a high of Rs 415.3 before settling slightly lower but still up nearly 3 per cent. This happened even though the broader market was down, with the Sensex dropping about 0.7 per cent.
The jump came after HPCL announced a huge jump in its first-quarter profit for FY26. The company made Rs 4,110.93 crore in net profit; that’s more than six times what it earned during the same quarter last year, when it made Rs 633.94 crore. This big increase was mainly because of gains from inventory and better margins, helped by stable fuel prices for consumers.
HPCL’s revenue was almost steady at Rs 1.2 trillion, slightly down from Rs 1.21 trillion a year ago. Its refining margin — the profit from processing crude oil — dipped to $3.08 per barrel from $5.03 a year earlier.
On the operations side, HPCL processed 6.66 million metric tonnes of crude oil during the quarter, which is a solid 15.6 per cent increase compared to last year. Its Visakh refinery worked at 111 per cent capacity, while the Mumbai refinery ran at 106 per cent.
Total sales, including exports, rose 3.2 per cent to 13.04 million metric tonnes. Sales of LPG increased by 6.6 per cent to 2.21 million tonnes, and petrol sales hit a record 2.62 million tonnes, growing 5.4 per cent. CNG sales saw the biggest jump — up 22.1 per cent to 310,000 tonnes. Aviation fuel sales also grew by 11.4 per cent.
HPCL is a government-owned company based in Mumbai. It runs two big refineries. One in Mumbai with a capacity of 7.5 million tonnes a year, and the other in Visakhapatnam with an 8.3 million tonne capacity.
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