HPCL Q3 Results: Maharatna PSU Hindustan Petroleum Corporation Limited (HPCL) has declared the results for the third quarter (October-December) of the financial year 2025-26. The company’s net profit in the third quarter of FY26 stood at ₹4,011 crore, compared to ₹2,543 crore in the same quarter last year. That means there has been a tremendous increase of 58% in profits on an annual basis.
Revenue also increased in Q3
According to HPCL data, the company’s income from core operations increased to ₹1,24,053 crore in the third quarter from ₹1,18,513 crore in the same quarter last year. Total expenditure also increased to ₹1.19 trillion, which is 3.8% more than the same quarter last year.
CMD Vikas Kaushal told the secret of growth
HPCL Chairman and Managing Director Vikas Kaushal told ET Now Swadesh that not only this quarter’s numbers, but the results for the last one and a half years also show a consistently strong and stable performance. He said refining capacity remained consistently above 100% and marketing growth remained above 3% in the last three months.
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Operational Efficiency and Savings
HPCL has focused on improving its operational efficiency in the last eight-ten months. For this, he launched the ‘Samriddhi’ program, in which a target of saving about ₹ 1,000 crore was set. The company achieved this target in three months. The effect of efforts to reduce expenses and increase efficiency of the refinery and supply chain is now visible in the quarterly results.
Debt reduced and interest burden reduced
HPCL reduced its debt-equity ratio from 1.37 to below 1. The advantage of this was that now the interest expense of the company has also reduced. If we look at the average of last 15 months, HPCL has earned profit after tax of about ₹ 1,300 crore every month.
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Stability in crude oil prices
Crude oil prices are the most important part of HPCL’s business. Prices have been stable around $60-65 per barrel for the last one and a half years. Despite geopolitical events and war-like circumstances, prices did not fluctuate much, which resulted in the company’s strategies and results remaining stable. The ability to process different types of crude oil in HPCL’s refineries also makes it more flexible.
Disclaimer: This article is for informational purposes only and should not be construed as investment advice in any way. ET NOW Swadesh recommends its readers and viewers to consult their financial advisors before taking any money-related decisions.
