Noida, May 13 (APAC Media): State-run Hindustan Petroleum Corporation Limited (HPCL) on Wednesday reported a 78% year-on-year rise in consolidated net profit to Rs 6,065 crore for the quarter ended March (Q4 FY26), compared with 3,415 crores in the corresponding period last year, according to a regulatory filing.
The company reported a 4% rise in revenue to Rs 1,23,602 crore in Q4 FY26, compared with Rs 1,18,334 crore in the corresponding quarter of the previous fiscal year (Q4 FY25), according to a filing.
The Board of Directors has recommended a final dividend of Rs 19.25 per equity share of face value Rs 10 for FY26, subject to approval by shareholders at the annual general meeting. The proposed payout is over and above the interim dividend of Rs 5 per equity share already paid for FY26.
Hindustan Petroleum Corporation Limited reported a Gross Refining Margin (GRM) of US$ 8.79 per barrel for FY26, up from US$ 5.74 per barrel in FY25. For Q4 FY26, GRM stood at US$ 14.27 per barrel compared with US$ 8.44 per barrel in the year-ago period.
However, HPCL its highest-ever crude throughput of 26.04 million metric tonnes (MMT) in FY26, up 3% from 25.27 MMT in FY25. The refineries also achieved a record distillate yield of 75.8% during the year.
The Visakh refinery recorded its highest-ever crude throughput of 16.04 MMT, operating at 107% of its capacity, and posted a record distillate yield of 74.5% in FY26. The Mumbai refinery reported its highest-ever crude throughput of 10.00 MMT, operating at 105% of capacity during the year.
Hindustan Petroleum Corporation Limited reported crude throughput of 6.43 million metric tonnes (MMT) in Q4 FY26. The Visakh refinery recorded throughput of 3.89 MMT, operating at 105% of capacity, while the Mumbai refinery processed 2.54 MMT, operating at 109% of capacity during the quarter.
The company incurred a capital expenditure of Rs 4,611 crore in Q4 FY26, taking the total capex for FY26 to Rs 15,705 crore, focused on strengthening refining and marketing infrastructure, including investments in subsidiaries and joint ventures to expand capacity, new business lines and improve operational efficiency.
During the quarter, the company commissioned 526 retail outlets, bringing the total to 25,098 outlets, and added one new LPG distributor, taking the total to 6,389. In its city gas distribution (CGD) network, it laid 160 inch-km of steel pipeline and 130 km of MDPE pipeline in Q4 FY26.
Under Project Samridhi, EBITDA improvements during FY26 stood at Rs 1,691 crore (US$0.54 per barrel). As of March 31, 2026, HP Green R&D Centre had filed 779 patents, of which 312 have been granted.
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