HPCL Q4 FY25 Results: Profit Jumps on Higher Refining Margins

Hindustan Petroleum Corporation Limited (HPCL) reported a strong financial performance for the fourth quarter of FY25, with consolidated net profit surging 26% year-on-year to ₹3,415 crore. This growth was primarily driven by robust operational efficiency, improved marketing margins, and higher refining margins.

Key Highlights:

• Profit Growth:

  • Consolidated net profit for Q4 FY25 stood at ₹3,415 crore, up 26% from the same period last year.

  • Standalone net profit rose 18% to ₹3,355 crore, compared to ₹2,843 crore in Q4 FY24.

• Revenue:

  • Consolidated total income for the quarter was ₹1.19 lakh crore, marginally lower than ₹1.22 lakh crore in Q4 FY24, reflecting a 2.6% dip.

• Refining Margins:

  • The average Gross Refining Margin (GRM) for Q4 FY25 rose to $8.44 per barrel, up from $6.95 per barrel a year ago.

  • For the full fiscal year, the GRM was $5.74 per barrel, lower than $9.08 per barrel in FY24 due to broader market conditions.

• Operational Performance:

  • HPCL processed 6.74 million metric tonnes (MMT) of crude oil during the quarter, up from 5.84 MMT in the previous year.

  • Domestic market sales increased to 12.11 MMT, with exports rising to 0.59 MMT.

  • The company achieved record refinery throughput and sales volume for the fiscal year, with a total refinery throughput of 25.27 MMT and sales volume of 49.82 MMT.

• Dividend:

  • The board recommended a final equity dividend of ₹10.50 per share for FY25, subject to shareholder approval.

• Other Notable Points:

  • HPCL’s marketing segment outpaced the industry, posting a 2.7% growth in domestic sales versus the industry average of 2.4%.

  • The company continues to expand its retail and LPG distribution network and invest in infrastructure and digital initiatives.
    
    written by hexahome