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Hindustan Petroleum Corporation Ltd Q1FY24; 2% fall in Revenue

Hindustan Petroleum Corporation Ltd is mainly engaged in the business of refining of crude oil and marketing of petroleum products, production of hydrocarbons as well as providing services for management of E&P Blocks.

Financial Results:

  • Hindustan Petroleum Corporation Ltd reported Revenues for Q1FY24 of ₹1,12,079.00 Crores down from ₹1,14,502.00 Crore year on year, a fall of 2.12%.
  • Total Expenses for Q1FY24 of ₹1,04,432.00 Crores down from ₹1,28,444.00 Crores year on year, a fall of 18.69%.
  • Consolidated Net Profit of ₹6,766.00 Crores from -₹8,557.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹47.69, from -₹60.32 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: petroleum
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