Hindustan Petroleum Corporation (HPCL) has reported results for first quarter ended June 30, 2022.
The company has reported net loss of Rs 10,196.94 crore for the quarter under review as compared to net profit of Rs 1,795 crore for the same quarter in the previous year. However, total income of the company increased by 55.78% at Rs 121,788.52 crore for Q1FY23 as compared Rs 78,182.08 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported net loss of Rs 8,557.12 crore for the quarter under review as compared to net profit of Rs 2,003.90 crore for the same quarter in the previous year. However, total income of the company increased by 55.78% at Rs 121,829.51 crore for Q1FY23 as compared Rs 78,204.72 crore for the corresponding quarter previous year.
