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- Hindustan Petroleum’s Profit Increased 6 Times In The Third Quarter| Total Income ₹1.19 Lakh Crore
Mumbai6 hours ago
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Hindustan Petroleum Corporation Limited (HPCL) has made a profit (consolidated net profit) of Rs 3,023 crore in the third quarter of the financial year 2024-25. There has been an increase of 471% on annual basis. That means it has increased almost 6 times compared to the same quarter last year. A year ago, during October-December, the company had made a profit of Rs 529 crore.
The company has generated a consolidated revenue of Rs 1,18,410 crore in the October-December quarter. There is a slight increase of 0.35% compared to last year. In October-December 2024, the company had generated revenue of Rs 1,17,986 crore. The amount received from selling goods and services is called revenue.

Consolidated profit means performance of the entire group
The results of companies come in two parts – standalone and consolidated. Standalone shows the financial performance of only one unit. Whereas in the consolidated financial report the report of the entire company is given.
Hindustan Petroleum shares rose 23% in one year
Ahead of the quarterly results, Hindustan Petroleum shares fell 2.34% to close at Rs 361.45 on Thursday (January 23). The company's shares have fallen 10.44% in the last one month and 12.34% since January 1 this year. Whereas, it has increased by 4.31% in the last 6 months and 23.10% in one year.

Ahead of the quarterly results, Hindustan Petroleum shares fell 2.34% to close at Rs 361.45 on Thursday (January 23).