Hindustan Petroleum Corporation reports 91% fall in Q1 consolidated net profit

30 Jul 2024 Evaluate

Hindustan Petroleum Corporation has reported results for first quarter ended June 30, 2024 (Q1FY25). 

The company has reported 94.26% fall in net profit at Rs 355.80 crore for Q1FY25 as compared to Rs 6,203.90 crore for the same quarter in the previous year. However, total income of the company increased by 1.47% at Rs 1,21,429.36 crore for Q1FY25 as compared to Rs 1,19,671.36 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 90.63% fall in its net profit at Rs 633.94 crore for the quarter ended June 30, 2024 as compared to Rs 6,765.50 crore for the same quarter in the previous year. However, total income of the company increased by 1.44% at Rs 121,488.56 crore for Q1FY25 as compared to Rs 119,761.74 crore for the corresponding quarter previous year.


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