HPCL Q4 Results: Oil marketing company (OMC) Hindustan Petroleum Corporation Limited (HPCL) on Tuesday, May 6, reported an 18% year-on-year growth in its standalone net profit for the January-March quarter of the financial year 2024-25 (Q4 FY25) to ₹3,355 crore. The figure stood at ₹2,843 crore in the corresponding quarter last fiscal. 

The total income for the quarter under review stood at ₹1,19,126 crore, 2.7% lower than ₹1,22,386 crore posted in the March quarter of FY24.

However, the company added that it has a negative buffer of ₹10,894.53 crore on account of the difference in the market-determined price (MDP) of LPG cylinders and the effective cost to consumer (ECC) price. The Navratna PSU company said that MoPNG had asked OMCs to retain the difference in a separate buffer account for future adjustment. In the absence of authorisation from GOI, receivable and revenue to the extent of the negative buffer have not been recognised, HPCL said.

HPCL Dividend

Along with its financial results, the PSU oil company HPCL also announced the dividend of ₹10.50 per share for FY25.