ICICI is one of the 23 secured creditors which have lent a total of $3.64 billion to the company.

The company had a net profit of Rs 850.21 crore in the same period a year ago, HPCL Director (Finance) J Ramaswamy said.

The company earned$ 8.55 on turning every barrel of crude oil into fuel as compared to a gross refining margin of $ 3.38 per barrel in Q1 o...