HPCL Q2 profit more than doubles to Rs 1,735 crore YoY
Total income of the company increased by 13.41 per cent YoY to Rs 54,855.19 crore.
By ETMarkets.com | Updated:
Oil marketing company Hindustan Petroleum Corporation Ltd ( HPCL) on Thursday posted 147.35 per cent year-on-year (YoY) rise in net profit at Rs 1,734.74 crore for the quarter ended September 30, 2017 against Rs 701.32 crore in the corresponding quarter last year.
Analysts in an ETNow poll had predicted a profit of Rs 3,186 crore for the quarter under review.
Total income of the company increased by 13.41 per cent YoY to Rs 54,855.19 crore during the quarter under review. It had reported a total income of Rs 48,369.40 crore in the same period last year.
Profit before tax of the company came in at Rs 2,588.20 crore in Q2FY18 over Rs 1,075.45 crore in Q2FY17.
Shares of the company were trading almost flat at Rs 435 after the financial results.
Analysts in an ETNow poll had predicted a profit of Rs 3,186 crore for the quarter under review.
Total income of the company increased by 13.41 per cent YoY to Rs 54,855.19 crore during the quarter under review. It had reported a total income of Rs 48,369.40 crore in the same period last year.
Profit before tax of the company came in at Rs 2,588.20 crore in Q2FY18 over Rs 1,075.45 crore in Q2FY17.
Shares of the company were trading almost flat at Rs 435 after the financial results.
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