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HPCL reports 34% fall in Q4 consolidated net profit
May-20-2022

Hindustan Petroleum Corporation (HPCL) has reported results for fourth quarter and year ended March 31, 2022.

The company has reported a fall of 40.51% in its net profit at Rs 1,795.26 crore for the quarter under review as compared to Rs 3,017.96 crore for the same quarter in the previous year. However, total income of the company increased by 24.65% at Rs 106,886.35 crore for Q4FY22 as compared Rs 85,748.12 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 34.05% in its net profit at Rs 2,018.45 crore for the quarter under review as compared to Rs 3,060.70 crore for the same quarter in the previous year. However, total income of the company increased by 24.23% at Rs 106,533.84 crore for Q4FY22 as compared Rs 85,754.76 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the company has reported a fall of 40.15% in its net profit at Rs 6,382.63 crore as compared to Rs 10,663.88 crore for the previous year. However, total income of the company increased by 37.99% at Rs 376,866.42 crore for year under review as compared to Rs 273,115.05 crore for year ended March 31, 2021.

For the year ended March 31, 2022, on the consolidated basis, the company has reported a fall of 31.59% in its net profit at Rs 7,294.23 crore as compared to Rs 10,662.89 crore for the previous year. However, total income of the company increased by 37.82% at Rs 376,565.91 crore for year under review as compared to Rs 273,221.69 crore for year ended March 31, 2021.

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