HPCL’s Rs 2,212cr Visakh-Raipur pipeline: A game-changer for India’s energy supply?

HPCL’s Rs 2,212cr Visakh-Raipur pipeline: A game-changer for India’s energy supply?

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 reports strong physical performance in 1QFY25

Hindustan Petroleum Corporation Limited reports strong physical performance in 1QFY25

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 […]