HPCL Q1 Results: Standalone PAT skyrockets 1,128% YoY to Rs 4,371 crore, revenue sees marginal decline

Hindustan Petroleum Corporation (HPCL) on Thursday reported a 1,128% jump in its Q1 standalone net profit to Rs 4,371 crore compared to Rs 355 crore in the year ago period. The state-refiner’s income from operations stood at Rs 1,20,135 crore which was marginally down 0.6% versus Rs 1,20,878 crore posted in the corresponding quarter of the last financial year.

Company’s consolidated profit after tax (PAT) stood at Rs 4,111 crore versus Rs 634 crore in Q1FY25, witnessing a 548% jump.

Gross Refining Margin (GRM) in the quarter under review stood at $3.08 per barrel versus $5.03 per barrel in Q1FY25.

In a company statement, HPCL said that the Q1 quarter witnessed a strong operational and financial performance with the refineries recording quarterly throughput of 6.66 MMT registering a year-on-year growth of 15.6%, and an average utilisation of 109%. The market sales volume of 13.04 MMT (including exports) for the quarter were at a record high, representing a growth of 3.2%.

Visakh Refinery registered highest-ever quarterly crude throughput of 4.16 MMT operating at 111% of its name plate capacity while the Mumbai Refinery registered quarterly throughput of 2.50 MMT operating at 106% of its name plate capacity.

HPCL said that four new crude grades (three imported and one indigenous) were processed in Q1 FY26.Also Read: BSE Q1 Results: Cons PAT jumps 103% YoY to Rs 539 crore, revenue surges 59%Sales Volume:

Q1FY26 sales (including exports) stood at 13.04 MMT, up 3.2% YoY. Domestic Sales Growth was up 1.9% and combined sales of Petrol (MS) and Diesel (HSD) stood at 8.11 MMT, up 1.1% YoY.

Total LPG sales (Domestic and Non-Domestic): 2.21 MMT (↑ 6.6% YoY)

Pipelines:Pipeline Throughput in Q1 FY26: 6.70 MMT

Network Expansion and Outreach• Retail Outlets Commissioned in Q1 FY26: 154 (Total: 23,901)• New LPG Distributors in Q1 FY26: 6 (Total: 6,384)• CGD Network in Q1 FY26: 711 inch-km of steel and 164 km of MDPE pipeline laid. 8,024 domestic PNG connections (Total: 1,24,484)• First-ever supply of Lubricants were made to Indonesia, thus, expanding global footprints of the company

Also Read: Titan Company Q1 Results: Standalone PAT surges 34% YoY to Rs 1,030 crore, beats estimates

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