HPCL quarterly profit drops amid rising costs and tax expenses
Statements (7)
- Bearish
HPCL's net profit declined by 9% in the second quarter due to volatile crude prices.
- Bearish
HPCL's Q2 net profit fell 9% to ₹3,483 crore due to higher crude oil prices and tax expenses.
- Bearish
HPCL's Q2 net profit fell 9% to ₹3,483 crore on higher crude oil prices.
- Neutral
HPCL's Q2 net profit fell 9% to ₹3,483 crore on higher product sales.
- Bearish
HPCL's Q2 net profit fell 9% to ₹3,483 crore on higher tax expenses.
- Bullish
HPCL revenue rose 26.1% year-on-year, refining margins surged, fuel sales increased, and investments advanced infrastructure expansion, innovation, and green energy initiatives.
- Bearish
HPCL posted a quarterly profit drop due to higher costs and tax expenses