Hindustan Petroleum Corporation (HPCL) has reported results for the first quarter ended June 30, 2020.
The company has reported over 3-fold jump in its net profit at Rs 2,813.83 crore for the quarter under review as compared to Rs 810.95 crore for the same quarter in the previous year. However, total income of the company decreased by 38.13% at Rs 46,670.13 crore for Q1FY21 as compared Rs 75,427.05 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported over 2-fold jump in its net profit at Rs 2,252.65 crore for the quarter under review as compared to Rs 877.48 crore for the same quarter in the previous year. However, total income of the company decreased by 38.12% at Rs 46,702.09 crore for Q1FY21 as compared Rs 75,473.99 crore for the corresponding quarter previous year.