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State-run Hindustan Petroleum Corporation (HPCL) on Tuesday reported a 26 per cent year-on-year growth in its consolidated net profit at ₹3,415 crore in Q4 FY25 aided by strong operational performance coupled with higher marketing margins. Its net profit rose was up 34 per cent sequentially.
HPCL’s consolidated total income was marginally lower at ₹1.19 lakh crore in Q4 FY25, compared to ₹1.20 lakh crore in Q3 FY25 and ₹1.22 lakh crore in Q4 FY24.
Its consolidated expenses were largely flat at ₹1.15 lakh crore in Q4 FY25, against ₹1.16 lakh crore in Q3 FY25 and ₹1.19 lakh crore in Q4 FY24.
HPCL Board recommended a final dividend of ₹10.50 per share.
In Q4 FY25, HPCL’s Gross Refining Margin (GRM) stood at $8.44 per barrel ($6.95 per barrel in Q4 FY24). The GRMs for FY25 stood at $5.74 per barrel ($9.08 per barrel).
HPCL said that Q4 FY25 witnessed a very strong operational performance. Refineries recorded the highest-ever quarterly throughput of 6.74 million tonnes (mt).
The Marketing segment registered a 2.7 per cent year-on-year growth in domestic sales volume surpassing industry growth of 2.4 per cent. In a significant step, HPCL commenced operations at LNG Regasification Terminal at Chhara in Gujarat.
Record performance
On its performance for FY25, HPCL said it delivered an exceptional performance in achieving its highest-ever refinery throughput of 25.27 mt.
Visakh Refinery was able to realise the full-volume potential, post the expansion and processed over 15 mt of crude oil. Similarly, Mumbai Refinery processed almost 10 mt crude oil at an all-time high, it added.
HPCL also registered record-high sales volume of 49.82 mt. This corresponded to a domestic market sales growth of 5.5 per cent. HPCL significantly outperformed the industry average growth rate of 4.2 per cent.
Additionally, the OMC also recorded its highest-ever pipeline throughput of 26.90 mt during FY25. It incurred a capex of ₹14,508 crore in FY25, focused on strengthening refining and marketing infrastructure, including investments in subsidiaries and joint ventures.
“HPCL continues to build on its strategic pillars of operational excellence, customer-centric marketing, energy transition initiatives, and digital integration. The company remains committed to creating long-term value for its shareholders, with focused investments in infrastructure, diversification, and sustainable practices,” it said.
The company is poised to leverage its robust infrastructure and market position to navigate the evolving energy landscape, HPCL added.
Published on May 6, 2025
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