Hindustan Petroleum Corporation Ltd's Q3FY25 Quarter Results
- 15h ago
Result Summary
- Hindustan Petroleum Corporation Ltd reported a 10.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 0.7%.
- Its expenses for the quarter were up by 7.4% QoQ and down 3.6% YoY.
- The net profit increased 1682.9% QoQ and increased 256.8% YoY.
- The earnings per share (EPS) of Hindustan Petroleum Corporation Ltd stood at 11.9 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 111070.31 | 100483.46 | 111876.78 | 10.5% | -0.7% |
Total Expenses | 107097.15 | 99743.25 | 111152.28 | 7.4% | -3.6% |
Profit Before Tax | 3973.16 | 740.21 | 724.50 | 436.8% | 448.4% |
Tax | 965.01 | 205.52 | 273.60 | 369.5% | 252.7% |
Profit After Tax | 2543.65 | 142.67 | 712.84 | 1682.9% | 256.8% |
Earnings Per Share | 11.90 | 0.70 | 5.00 | 1600.0% | 138.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Hindustan Petroleum Corporation Ltd (HPCL) is a prominent player in the Indian oil and gas sector. The company is engaged in the refining and marketing of petroleum products. HPCL operates a wide network of fuel stations across India and has a significant presence in the production of various grades of petroleum products, lubricants, and other petrochemical derivatives. Recent developments have seen HPCL focusing on expanding its refining capacity and enhancing its distribution network to meet the growing demand for energy in India. However, specific recent developments or strategic initiatives undertaken by the company during this quarter are not detailed here.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Hindustan Petroleum Corporation Ltd reported a total income of ₹111,070.31 crores. This reflects a 10.5% increase from the previous quarter (Q2FY25), where the total income was ₹100,483.46 crores. Comparatively, the total income saw a slight decline of 0.7% year-over-year (YoY) from Q3FY24, which recorded ₹111,876.78 crores. This data indicates a strong sequential growth in revenue, despite a marginal decline when compared to the same period in the previous year.
Profitability
The company's profitability metrics for Q3FY25 show a significant improvement. The profit before tax (PBT) was ₹3,973.16 crores, marking an increase of 436.8% quarter-over-quarter (QoQ) from ₹740.21 crores in Q2FY25, and an impressive 448.4% YoY growth from ₹724.50 crores in Q3FY24. After accounting for taxes, the profit after tax (PAT) amounted to ₹2,543.65 crores, which represents a remarkable increase of 1,682.9% QoQ and 256.8% YoY. The earnings per share (EPS) also reflected this upward trend, standing at ₹11.90 for Q3FY25, compared to ₹0.70 in Q2FY25 and ₹5.00 in Q3FY24, with a QoQ increase of 1600.0% and a YoY increase of 138.0%.
Operating Metrics
The total expenses for Hindustan Petroleum Corporation Ltd in Q3FY25 were ₹107,097.15 crores. This marks a 7.4% increase from the previous quarter's expenses of ₹99,743.25 crores, yet a 3.6% decrease compared to the same quarter in the previous year, where expenses were ₹111,152.28 crores. The effective tax paid during Q3FY25 was ₹965.01 crores, showing a significant rise of 369.5% from Q2FY25's ₹205.52 crores, and a 252.7% increase from the ₹273.60 crores paid in Q3FY24. These operational figures reflect the company's ability to manage costs effectively in the face of varying revenue scenarios.
