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HPCL reports consolidated net loss of Rs 2,475.69 crore for Q2FY23

03 Nov 2022 Evaluate

Hindustan Petroleum Corporation (HPCL) has reported results for second quarter ended September 30, 2022.

The company has reported net loss of Rs 2,172.14 crore for Q2FY23 as compared to net profit of Rs 1,923.51 crore for the corresponding quarter previous year. However, total income of the company increased by 29.67% to Rs 114,452.76 crore for the quarter under review as compared to Rs 88,263.56 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported net loss of Rs 2,475.69 crore for Q2FY23 as compared to net profit of Rs 1,918.89 crore for the same quarter in the previous year. However, total income of the company increased by 29.67% to Rs 114,497.65 crore for the quarter under review as compared to Rs 88,299.19 crore for the same quarter in the previous year.

Peers
Company Name CMP
Reliance Industries 1209.00
Indian Oil Corpn. 134.10
Bharat PetroleumCorp 305.60
HPCL 345.45
MRPL 169.70
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