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HPCL reports 22% fall in Q2 consolidated net profit

07 Nov 2019 Evaluate

Hindustan Petroleum Corporation (HPCL) has reported results for second quarter ended September 30, 2019.   

The company has reported 3.63% fall in its net profit at Rs 1052.31 crore for the quarter under review as compared to Rs 1,091.98 crore for the same quarter in the previous year. Total income of the company decreased by 9.40% at Rs 66,850.89 crore for Q2FY20 as compared Rs 73,789.50 crore for the corresponding quarter previous year. 

On the consolidated basis, the company has reported 22.19% fall in its net profit at Rs 761.65 crore for the quarter under review as compared to Rs 978.83 crore for the same quarter in the previous year. Total income of the company decreased by 9.31% at Rs 66,838.28 crore for Q2FY20 as compared Rs 73,698.67 crore for the corresponding quarter previous year.   

Peers
Company Name CMP
Reliance Industries 1198.50
Indian Oil Corpn. 133.20
Bharat PetroleumCorp 302.00
HPCL 342.20
MRPL 169.80
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