Hindustan Petroleum Corporation Ltd (HPCL) reported a net profit of ₹3,482.6 crore for the July-September quarter of FY27, compared with a loss of ₹11,526 crore in the previous quarter.
The profit was below the CNBC-TV18 poll estimate of a loss of ₹5,864 crore.
Revenue from operations stood at around ₹1.3 lakh crore, against the CNBC-TV18 poll estimate of ₹1.4 lakh crore. Earnings before interest, tax, depreciation and amortisation (EBITDA) came in at ₹9,075 crore, compared with the poll estimate of an EBITDA loss of ₹4,913 crore.
The company had reported an EBITDA loss of ₹16,141 crore in the April-June quarter.
HPCL’s profitability during April-September 2026 was impacted by suppressed marketing margins on certain petroleum products, the company said in its exchange filing.
HPCL refining throughput at 6.2 million tonnes in Q2
HPCL’s refineries processed 6.20 million metric tonnes (MMT) of crude oil during the September quarter, operating at 100% of their combined capacity as per the filing.
The Visakh Refinery processed 3.60 MMT of crude oil, operating at 95% of its capacity, while the Mumbai Refinery processed 2.60 MMT at 109% of its capacity.
HPCL sales volume rises 5.5% in Q2
HPCL’s total sales volume, including exports, increased 5.5% year-on-year to 12.73 MMT in the September quarter. Domestic sales volume grew 4.9% during the period, as per the filing.
Combined sales of petrol (motor spirit) and diesel (high-speed diesel) rose 10% year-on-year to 7.78 MMT. Total LPG sales stood at 2.03 MMT, while pipeline throughput was 6.99 MMT.
HPCL completes Haldia-Panagarh LPG pipeline
HPCL mechanically completed the 201-km LPG pipeline connecting Haldia and Panagarh in West Bengal during the September quarter. The pipeline is currently in the pre-commissioning stage, as per the filing.
As of September 30, 2026, HPCL had 25,245 retail outlets and 6,394 LPG distributors. The company also had 77,984 piped natural gas (PNG) connections.
Shares of Hindustan Petroleum Corporation Ltd. (HPCL) ended 1.87% lower at ₹340.80 on Thursday. The stock has declined 5.5% over the past month and is down 31.6% so far this year.