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HPCL reports 36% fall in Q2 consolidated net profit

03 Nov 2021 Evaluate

Hindustan Petroleum Corporation (HPCL) has reported results for second quarter ended September 30, 2021.

The company has reported 22.36% fall in its net profit at Rs 1923.51 crore for the quarter under review as compared to net profit of Rs 2477.45 crore for the same quarter in the previous year. However, total income of the company increased by 41.06% at Rs 88049.79 crore for Q2FY22 as compared to Rs 62419.31 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 35.52% fall in its net profit of Rs 1918.89 crore for the quarter under review as against net profit of Rs 2975.83 crore for the same quarter in the previous year. However, total income of the company increased by 41.07% at Rs 88085.42 crore for Q2FY22 as compared to Rs 62439.86 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Reliance Industries 1208.10
Indian Oil Corpn. 133.70
Bharat PetroleumCorp 303.40
HPCL 345.70
MRPL 170.50
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