HPCL posts ₹11,526 crore Q1 loss as weak marketing margins outweigh refining gains
HPCL swung from a ₹4,901.5 crore profit in the previous quarter to a ₹11,526.4 crore Q1 loss, hit by suppressed fuel marketing margins and the West Asia crisis. Its fuel-retail footprint nevertheless reached 25,160 outlets, while petrol and diesel sales rose 8.1% year-on-year.
HPCL posted a ₹11,526.4 crore Q1 loss as suppressed fuel marketing margins and the West Asia crisis outweighed stronger refining margins. The company continued expanding its Indian fuel retail and city-gas network, reaching 25,160 retail outlets.
Why this matters
No related recent signals are available. HPCL's Q1 loss reverses the prior quarter's ₹4,901.5 crore profit, despite higher fuel sales and an expanded retail network.
Retail-company signals are accelerating, up 1,008,500% QoQ.