Hindustan Petroleum Profit: Hindustan Petroleum earned Rs 3 thousand crores, but the stock fell 10 percent in a month, know why…

Hindustan Petroleum Profit: Hindustan Petroleum Corporation Limited (HPCL) has earned a profit (consolidated net profit) of Rs 3 thousand 023 crore in the third quarter of the financial year 2024-25. There has been an increase of 471 percent on annual basis.

That means there has been an increase of about 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.

In the October-December quarter, the company has earned a consolidated revenue of Rs 1 lakh 18 thousand 410 crore. There has been a slight increase of 0.35 percent in comparison to last year.

In October-December 2024, the company earned a revenue of Rs 1 lakh 17 thousand 986 crore. The amount received from selling goods and services is called revenue.

Consolidated profit means the performance of the entire group (Hindustan Petroleum Profit)

The company's results come in two parts – standalone and consolidated. Standalone shows the financial performance of only one entity. Whereas in a consolidated or consolidated financial report the entire company is reported.

Hindustan Petroleum shares increased by 23 percent in one year

The company's shares declined by 10.44 percent in the last one month. This year i.e. from January 1 till now, it declined by 12.34 percent, whereas in the last 6 months it has increased by 4.31 percent and in one year it has increased by 23.10 percent.