Mumbai13 minutes ago
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Hindustan Petroleum Corporation Limited has earned a total of Rs 1.19 lakh crore in the fourth quarter of FY 2024-25. This is 2.45% less than last year. The company earned Rs 1.22 lakh crore in the same quarter of last year.
Out of the total earnings, the cost of salary, tax, raw materials like costs, then the company survives as a standalone net profit of Rs 3,355 crore. This is 18% more than the January-March quarter of 2024. Last year, the company had a profit of Rs 2,843 crore.
Revenue declined 2.47% to ₹ 1.18 lakh crore
In the fourth quarter, the operational revenue of Hindustan Petroleum was Rs 1.18 lakh crore. It has come down by 2.47% on an annual basis. In January-March 2024, the company generated a revenue of Rs 1.21 lakh crore.
What for investors in quarterly results?
With the results in the fourth quarter, Bharat Petroleum has announced a dividend of Rs 10.5 per share to each shareholders. Companies also give some part of their profits to their shareholders, called dividends.
Are the company's results better than expected?
The market experts hoped that the company's profit would be Rs 1,682 crore in the fourth quarter of FY 2024-25. According to this, the company has performed better than the expectation of market analysts.
Hindustan Petroleum shares climbed 16% in a year
Hindustan Petroleum shares fell by 3.04% today, it closed at Rs 397. The company's stock has increased by 13% in the last one month. Returns of 2% in 6 months and 16% in a year. The company's market cap is 84.34 thousand crores.
