{"id":177092,"date":"2026-01-22T22:58:27","date_gmt":"2026-01-23T03:58:27","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=177092"},"modified":"2026-01-22T22:58:27","modified_gmt":"2026-01-23T03:58:27","slug":"hpcl-reports-q3-fy26-profit-of-%e2%82%b92229-crore-revenue-of-%e2%82%b91-12-trillion","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/hpcl-reports-q3-fy26-profit-of-%e2%82%b92229-crore-revenue-of-%e2%82%b91-12-trillion\/","title":{"rendered":"HPCL reports Q3 FY26 profit of \u20b92,229 crore, revenue of \u20b91.12 trillion"},"content":{"rendered":"\n<p><strong>Hindustan Petroleum Corporation Ltd (BSE: 500104 \/ NSE: HINDPETRO)<\/strong> reported consolidated profit after tax of \u20b92,229 crore for the quarter ended December 2025, compared with \u20b95,317 crore in the same period a year earlier, according to its quarterly financial results. Revenue from operations stood at \u20b91.12 trillion for the quarter, compared with \u20b91.17 trillion in Q3 FY25. For the nine months ended December 2025, consolidated profit was \u20b98,910 crore and revenue from operations was \u20b93. Connecticut trillion.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Business Overview<\/strong><\/h2>\n\n\n\n<p>HPCL operates across refining, fuel marketing, pipelines, lubricants, LPG, aviation fuel, petrochemicals, natural gas, and renewable energy. As of December 2025, the company had refining capacity of 24.5 million metric tonnes per annum (MMTPA) and marketing rights over 35.8 MMTPA, including joint venture capacities. HPCL had a domestic market share of about 20.3% in petroleum products and accounted for 13.87% of India\u2019s refining capacity.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Financial Performance<\/strong><\/h2>\n\n\n\n<p>Standalone revenue from operations in Q3 FY26 declined year-on-year, while profit after tax decreased compared with the corresponding quarter of the previous year. For the nine-month period, consolidated profit after tax was \u20b98,910 crore, compared with \u20b915,954 crore in the same period of the previous year. EBITDA for the nine months ended December 2025 was \u20b923,267 crore. Long-term debt stood at \u20b938,025 crore and net worth at \u20b955,014 crore.<\/p>\n\n\n\n<p>Key financial indicators disclosed by the company include a debt-equity ratio of 0.69 and return on capital employed of 16.2% for the nine-month period.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"825\" height=\"619\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-29.png\" alt=\"\" class=\"wp-image-177093\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-29.png 825w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-29-300x225.png 300w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-29-768x576.png 768w\" sizes=\"auto, (max-width: 825px) 100vw, 825px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"825\" height=\"619\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-30.png\" alt=\"\" class=\"wp-image-177094\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-30.png 825w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-30-300x225.png 300w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-30-768x576.png 768w\" sizes=\"auto, (max-width: 825px) 100vw, 825px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Operating Metrics<\/strong><\/h2>\n\n\n\n<p>HPCL reported market sales of 38.45 million tonnes for the nine months ended December 2025, compared with 49.82 million tonnes for FY2024-25. Gross refining margins were reported across refineries, with the joint venture HMEL refinery reporting $17.15 per barrel for the nine-month period.<\/p>\n\n\n\n<p>Refinery throughput for the period was 19.61 million tonnes, while pipeline throughput was 19.06 million tonnes.<\/p>\n\n\n\n<p>The company operated 24,572 retail outlets and served about 98 million LPG consumers as of December 2025.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Key Developments<\/strong><\/h2>\n\n\n\n<p>HPCL highlighted ongoing investments in refining capacity expansion, petrochemicals, natural gas, biofuels, and renewable energy. The company plans to increase refining capacity from 35.8 MMTPA to 45.3 MMTPA by FY2027-28, including the Rajasthan refinery project with a capacity of 9 MMTPA.<\/p>\n\n\n\n<p>The company disclosed cumulative investments of about \u20b977,000 crore in capital expenditure and joint ventures over FY2024\u2013FY2028.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Risks and Constraints<\/strong><\/h2>\n\n\n\n<p>HPCL stated that its forward-looking statements are subject to risks related to economic conditions, regulatory changes, and operational factors that could affect results.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Outlook \/ Guidance<\/strong><\/h2>\n\n\n\n<p>The company reiterated its focus on strengthening core refining and marketing businesses, expanding petrochemicals and gas operations, and advancing energy transition initiatives.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hindustan Petroleum Corporation Ltd (BSE: 500104 \/ NSE: HINDPETRO) reported consolidated profit after tax of \u20b92,229 crore for the quarter ended December 2025, compared with \u20b95,317 crore in the same period a year earlier, according to its quarterly financial results. Revenue from operations stood at \u20b91.12 trillion for the quarter, compared with \u20b91.17 trillion in [&hellip;]<\/p>\n","protected":false},"author":2390,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,1941,5746,5],"tags":[14605,14556,14580,14565,14595,14597,10418,14596,14602,14601,14599,14600,14496,14562,14598,14553,14603,14606,14559,14604,14561],"class_list":["post-177092","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-stock-analysis","category-energy-stocks","category-latest","tag-bse-500104","tag-bse-stocks","tag-corporate-earnings-india","tag-ebitda-margin","tag-hindustan-petroleum","tag-hindustan-petroleum-corporation-ltd","tag-hpcl","tag-hpcl-earnings","tag-hpcl-q3-fy26","tag-hpcl-results","tag-hpcl-stock","tag-indian-oil-and-gas","tag-indian-stock-market","tag-net-profit","tag-nse-hindpetro","tag-nse-stocks","tag-oil-marketing-companies-india","tag-petroleum-sector-india","tag-quarterly-results-india","tag-refining-sector-india","tag-revenue-growth"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":170430,"url":"https:\/\/alphastreet.com\/india\/hpcl-q1-fy26-earnings-results\/","url_meta":{"origin":177092,"position":0},"title":"HPCL Q1 FY26 Earnings Results","author":"Divyansh_Kasana","date":"August 21, 2025","format":false,"excerpt":"Hindustan Petroleum Corporation Ltd (HPCL) is a major Indian company engaged in refining crude oil, marketing petroleum products, producing hydrocarbons, and providing services for management of E&P (Exploration & Production) Blocks. Presenting below are its Q1 FY26 Earnings Results. Q1 FY26 Earnings Results Revenue: \u20b91,10,825 crore, down 2.69% year-on-year (YoY)\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"HINDPETRO Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/HIND-1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/HIND-1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/HIND-1.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/HIND-1.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/HIND-1.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/HIND-1.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":142171,"url":"https:\/\/alphastreet.com\/india\/earnings-summary-of-hindustan-petroleum-corporation-limited-for-q3-fy23\/","url_meta":{"origin":177092,"position":1},"title":"Earnings Summary Of Hindustan Petroleum Corporation Limited For Q3 FY23","author":"Hardik Bhandare","date":"February 17, 2023","format":false,"excerpt":"Hindustan Petroleum Corporation Limited (NSE: HINDPETRO) is an Indian state-owned oil and natural gas company with a significant presence in the downstream sector of the industry. The company operates in refining, marketing, and distribution of petroleum products, including petrol, diesel, and LPG, among others. HPCL has a strong distribution network,\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-11.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-11.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-11.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-11.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-11.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-11.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":171990,"url":"https:\/\/alphastreet.com\/india\/hindustan-petroleum-q2-fy26-earnings-results\/","url_meta":{"origin":177092,"position":2},"title":"Hindustan Petroleum\u00a0Q2 FY26 Earnings Results","author":"Divyansh_Kasana","date":"October 31, 2025","format":false,"excerpt":"Hindustan Petroleum Corporation Ltd (HPCL), a key oil refining and marketing company in India, posted a spectacular profit increase in Q2 FY26 despite modest revenue growth. Financial Snapshot (Q2 FY26): Revenues rose marginally by 0.9% to \u20b91,00,856 crore from \u20b999,957 crore last year. Total expenses declined 3.69% to \u20b996,439 crore\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Q2 FY26","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/hind.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/hind.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/hind.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/hind.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/hind.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/hind.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":146001,"url":"https:\/\/alphastreet.com\/india\/earnings-summary-of-hindustan-petroleum-corporation-limited-for-q4-fy23\/","url_meta":{"origin":177092,"position":3},"title":"Earnings Summary Of Hindustan Petroleum Corporation Limited For Q4 FY23","author":"Hardik Bhandare","date":"May 12, 2023","format":false,"excerpt":"Hindustan Petroleum Corporation Limited (HPCL) is a public sector oil and gas company headquartered in Mumbai, India. It is a subsidiary of Oil and Natural Gas Corporation Limited (ONGC) and operates in the downstream segment of the oil and gas industry. HPCL's main business activities include refining crude oil and\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-7-2.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-7-2.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-7-2.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-7-2.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-7-2.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-7-2.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":181237,"url":"https:\/\/alphastreet.com\/india\/hindustan-oil-exploration-posts-lower-q3-fy26-profit-as-production-mix-and-crude-sales-timing-impact-earnings\/","url_meta":{"origin":177092,"position":4},"title":"Hindustan Oil Exploration posts lower Q3 FY26 profit as production mix and crude sales timing impact earnings","author":"Staff Correspondent","date":"February 17, 2026","format":false,"excerpt":"Hindustan Oil Exploration Company Limited (BSE: 500186 \/ NSE: HINDOILEXP) reported lower consolidated earnings for the quarter ended December 31, 2025, as reduced revenue and higher operating costs offset production gains from key fields, according to its Q3 FY26 disclosures. Consolidated revenue from operations declined to \u20b981.04 crore in Q3\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":140884,"url":"https:\/\/alphastreet.com\/india\/hindustan-petroleum-q2-fy23-net-profit-down-to-%e2%82%b9444-crore\/","url_meta":{"origin":177092,"position":5},"title":"Hindustan Petroleum Q2 FY23; Net Profit Down To \u20b9444 Crore","author":"Hardik Bhandare","date":"February 10, 2023","format":false,"excerpt":"Hindustan Petroleum Corporation Limited (NSE: HINDPETRO) reported Total Income for Q3 FY23 of \u20b91,16,485.79 Crore up from \u20b91,04,161.66 Crore year on year, a growth of 12%. Consolidated Net Profit of \u20b9444.26 Crore, down 67% from \u20b91,352.99 Crore in the same quarter of the previous year. The Earnings per Share is\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/5f75c472-7167-46d3-9a61-47ba812b3572-scaled.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/5f75c472-7167-46d3-9a61-47ba812b3572-scaled.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/5f75c472-7167-46d3-9a61-47ba812b3572-scaled.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/5f75c472-7167-46d3-9a61-47ba812b3572-scaled.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/5f75c472-7167-46d3-9a61-47ba812b3572-scaled.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/5f75c472-7167-46d3-9a61-47ba812b3572-scaled.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/177092","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/2390"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=177092"}],"version-history":[{"count":1,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/177092\/revisions"}],"predecessor-version":[{"id":177095,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/177092\/revisions\/177095"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125416"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=177092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=177092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=177092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}