JNK India Limited, a leading name in heating equipment manufacturing, has posted stellar revenue growth for the first half of FY25, despite grappling with a notable dip in profits. The company reported a remarkable 47% year-on-year increase in total revenue, reaching ₹1,981 million, compared to ₹1,348 million in H1 FY24. However, this robust growth came […]
Hindustan Petroleum Corporation Limited (HPCL) has approved a massive investment of Rs 2,212 crore for constructing a new pipeline from Visakhapatnam to Raipur. This project, expected to enhance product transportation efficiency and capacity across India, marks a significant move by HPCL to strengthen its infrastructure and logistics network. The proposed pipeline will reduce transportation costs […]
Hindustan Petroleum Corporation Limited (HPCL) has delivered solid results for the first quarter of fiscal year 2024-25 (1QFY25), despite facing challenging market conditions. The company’s standalone revenue from operations for 1QFY25 was ₹1,20,859 crore, a slight increase from ₹1,19,044 crore recorded in the same period of the previous fiscal year. However, HPCL’s profit after tax […]
Hindustan Petroleum Corporation Limited (HPCL) has posted a groundbreaking revenue of ₹ 102,618 crore for the Jul-Sep 2023 quarter, further cementing its robust financial position with revenues reaching ₹ 2,21,662 crore for Apr-Sep 2023. Historic Profit After Tax Marked by HPCL in 2023 In an unparalleled financial upswing, HPCL reported its highest ever consolidated Profit […]
Hindustan Petroleum Corporation Limited (HPCL) has made headlines with its announcement of a Decadal High Quarterly Standalone Profit after Tax (PAT) of ₹6,204 crore for the period Apr-Jun 2023, an astonishing increase of 192% over ₹3,223 crore PAT reported during Q1 FY24. Compared to a Standalone Net Loss of ₹10,197 crore during the corresponding period […]
REC Limited, a Maharatna CPSU under the Ministry of Power, has extended a substantial loan of INR 4,785 crores to HPCL Rajasthan Refinery Limited (HRRL) to finance the establishment of a greenfield refinery and petrochemical complex in the Barmer district of Rajasthan. The loan constitutes part of a larger consortium arrangement amounting to INR 48,625 […]
Hindustan Petroleum Corporation Limited (HPCL) has posted a standalone profit after tax (PAT) of INR 3,223 crores during the fourth quarter of the fiscal year 2023 (Q4 2023), an increase of 80% compared to INR 1,795 crores during the corresponding quarter of the previous fiscal year. The consolidated profit after tax during the January to […]
3i Infotech Limited has won a digital infrastructure managed services (DIMS) contract worth around INR 51 crores from Hindustan Petroleum Corporation Limited (HPCL). Under the three year-contract, 3i Infotech will be responsible for managing and supporting the IT Infrastructure of the Indian government-owned refiner. The contract covers HPCL’s refinery, offices, and retail units in more […]
ICICI Bank has launched a co-branded credit card with Hindustan Petroleum Corporation Limited (HPCL) – ICICI Bank HPCL Super Saver Credit Card for enabling users to avail benefits and reward points of using various credit cards in one. The ICICI Bank HPCL Super Saver Credit Card is claimed to provide best-in-class rewards and benefits to […]
Tata Power has forged an agreement with Hindustan Petroleum Corporation Limited (HPCL) to supply end-to-end electric vehicle (EV) charging stations at the latter’s petrol pumps in various cities and major highways in India. The Tata Group company owns a network of more than 500 public chargers in over 100 cities covering petrol pumps, shopping malls, […]