HPCL Q1 Results: Standalone PAT Jumps 1,128% YoY to Rs 4,371 Crore

HPCL reported a 1,128% YoY increase in standalone PAT to Rs 4,371 crore for Q1, with revenue declining marginally to Rs 1,20,135 crore. The company's consolidated PAT was up 548% to Rs 4,111 crore. Gross Refining Margin (GRM) was $3.08 per barrel, down from $5.03 per barrel in Q1FY25. Sales volume increased 3.2% YoY to 13.04 MMT, while pipeline throughput in Q1 FY26 was 6.70 MMT.

Hindustan Petroleum Corporation Limited (HPCL) has reported a significant improvement in its financial performance for the quarter ended June 30, 2025. The company announced a 1,128% year-over-year (YoY) increase in standalone Profit After Tax (PAT) to Rs 4,371 crore, while its consolidated PAT surged by 548% to Rs 4,111 crore. Despite a marginal decline in revenue to Rs 1,20,135 crore, the company's Gross Refining Margin (GRM) was recorded at $3.08 per barrel, down from $5.03 per barrel in Q1 FY25.

Key highlights of HPCL's Q1 FY26 performance include a 3.2% YoY increase in sales volume to 13.04 million metric tons (MMT), and a pipeline throughput of 6.70 MMT. The company's refineries recorded a quarterly throughput of 6.66 MMT, marking a 15.6% YoY growth, with Visakh Refinery achieving its highest-ever quarterly crude throughput of 4.16 MMT.

HPCL's strategic focus on capital projects and new initiatives has driven its operational and financial performance. The company's Project Samriddhi, an ambitious EBITDA improvement program, and Project Abhyuday, aimed at enhancing productivity and efficiency, have contributed to these gains. Additionally, HPCL's digital transformation initiatives, including the implementation of Cloud-based CRM and Central Energy Monitoring System, have further bolstered its operational efficiency.

In terms of sustainability and energy transition, HPCL has made significant strides. The company has commissioned 16 Compressed Biogas (CBG) plants and achieved mechanical completion for the Delhi Greening Project. Furthermore, HPCL's retail energy transition efforts have resulted in 94% of its outlets being powered by renewables.

HPCL's strong performance has been recognized with several awards, including the 'Masters of Risk' Award and the 'Climate Leadership' Award. The company's focus on innovation, sustainability, and operational efficiency positions it well for future growth.

References:
[1] https://www.sarkaritel.com/hpcl-profit-after-tax-soars-by-1128/
[2] https://www.theglobeandmail.com/investing/markets/stocks/EGHT-Q/pressreleases/33910744/8x8-eght-q1-revenue-rises-2/