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HPCL Reports 26x Jump in Q2 Profit on Refining Margins Surge
HPCL’s Q2 FY2025 profit jumped 26x year-on-year to ₹3,859 crore, driven by strong refining margins and efficiency gains, alongside a ₹5 interim dividend announcement.
Hindustan Petroleum Corporation Limited (HPCL) posted a sharp 26-fold rise in Q2 FY2025 profit at ₹3,859 crore, up 2,598% year-on-year. The surge was fueled by strong refining margins, higher throughput, and operational efficiency improvements. Revenue from operations also strengthened, reflecting a recovery in demand and stable crude prices. The company declared an interim dividend of ₹5 per share with a record date set for November 6. Analysts noted that robust refining margins and controlled costs supported HPCL’s earnings momentum this quarter.