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HPCL REFINERY PERFORMANCE
HPCL refinances Rs 50,000 crore Rajasthan refinery debt, eyes Rs 1,000 crore annual interest savingsHPCL has refinanced about Rs 50,000 crore of debt at its Rajasthan refinery, cutting borrowing costs by 105 basis points and targeting annu...
HPCL Q2 Results: Profit slips 6% YoY to Rs 3,625 crore, revenue jumps 26%HPCL reported Q2FY27 net profit of Rs 3,625 crore, recovering from a previous-quarter loss. Revenue rose 26.1% year-on-year, refining margi...
HPCL to buy $3 billion worth of LNG from UAE’s ADNOC Gas under 10-year pactHindustan Petroleum Corporation Ltd has just announced an impressive USD 3 billion agreement with Abu Dhabi National Oil Company Gas, marki...
HPCL commissions residue upgradation facility at Vizag refinery, boosts margins and fuel outputHindustan Petroleum Corporation Ltd has commissioned a new residue upgradation facility at its Visakhapatnam refinery. This facility signif...
HPCL Q1 Results: Standalone PAT skyrockets 1,128% YoY to Rs 4,371 crore, revenue sees marginal declineHPCL reported a sharp 1,128% year-on-year rise in Q1 standalone net profit to ₹4,371 crore, driven by strong refinery throughput and operat...
HPCL Q4 results: Cons PAT jumps 26% YoY to Rs 3,415 crore. Rs 10.50 per share dividend announcedHPCL posted a 26% YoY rise in Q4FY25 net profit at Rs 3,415 crore, supported by lower expenses. Revenue dipped 2.6%, while dividend was dec...
HPCL stock gains in a wobbly market on stellar Q2 showIn a post-result earnings call, the company’s management stated that HPCL is carrying about 23 days of crude inventory and 30 days of marke...
Pushp Kumar Joshi takes over as CMD of HPCLJoshi, the senior-most director on the HPCL board, was in January picked by the government headhunter PESB to replace Mukesh Kumar Surana. ...
Strong growth prospect in petchem business: MK Surana, HPCL"This year was very different as it was marked with the global pandemic demand contraction, safety and health concerns, and on the other si...
HPCL Q2 profit falls 4% to Rs 1,052 crore; GRM falls to $2.83 from $4.81Total income of the company declined 9.40 per cent to Rs 66,850.89 crore against Rs 73,789.50 crore.
ONGC board gives nod to explore group restructuring optionsWhile ONGC did not provide details of the proposed restructuring, sources in the company said an advisor would be appointed to suggest poss...
ONGC buys govt's entire 51.11% stake in HPCL for Rs 36,915 croreIn a regulatory filing, ONGC said it bought 77.88 crore shares in Hindustan Petroleum Corp Ltd (HPCL) for Rs 473.97 per share.
Hindustan Petroleum Corporation plans Rs 61,000 crore investment in 5 yearsLike its peers Bharat Petroleum Corporation (BPCL), Indian Oil Corporation (IOC) and Reliance Industries, HPCL is upbeat on petrochemicals ...
HPCL Eyes Rs 61,000 crore Capex in 5 Years, Merging MRPL with SelfThe state-run oil marketing company plans to invest Rs 7,110 crore this fiscal against Rs 5,860 crore in FY17, its chairman Mukesh Surana h...
ONGC may acquire HPCL in $6.6 billion dealHPCL will add 23.8 million tonnes of annual oil refining capacity to ONGC's portfolio, making it the third-largest refiner in the country a...
We are further strengthening our marketing infrastructure to cater to the increasing demand: MK Surana of HPCL"We do see our opportunities in terms of industrial goods we are one of the largest sellers of lubes in India and we have constantly mainta...
- HPCL officers oppose Mittal JV, to strike work
Officers of state-owned Hindustan Petroleum Corporation (HPCL) have decided to go on indefinite nation-wide strike from Tuesday.
- L&T bags Rs 576 cr order from HPCL
Larsen & Toubro has bagged an order valued at Rs 576 crore from Hindustan Petroleum Corporation.
- Most Navratnas fail to make it to top 10
Barring ONGC and SAIL, none of the navratnas figure in the list of top 10 PSUs.
- Selloff sends HPCL, BPCL on roller-coaster
The ongoing saga of the privatisation of Hindustan Petroleum and Bharat Petroleum has resulted in divergent results for different investors.