Company’s consolidated profit after tax (PAT) stood at Rs 4,111 crore versus Rs 634 crore in Q1FY25, witnessing a 548% jump.
Gross Refining Margin (GRM) in the quarter under review stood at $3.08 per barrel versus $5.03 per barrel in Q1FY25.
In a company statement, HPCL said that the Q1 quarter witnessed a strong operational and financial performance with the refineries recording quarterly throughput of 6.66 MMT registering a year-on-year growth of 15.6%, and an average utilisation of 109%. The market sales volume of 13.04 MMT (including exports) for the quarter were at a record high, representing a growth of 3.2%.
Visakh Refinery registered highest-ever quarterly crude throughput of 4.16 MMT operating at 111% of its name plate capacity while the Mumbai Refinery registered quarterly throughput of 2.50 MMT operating at 106% of its name plate capacity.
HPCL said that four new crude grades (three imported and one indigenous) were processed in Q1 FY26.Also Read: BSE Q1 Results: Cons PAT jumps 103% YoY to Rs 539 crore, revenue surges 59%Sales Volume:
Q1FY26 sales (including exports) stood at 13.04 MMT, up 3.2% YoY. Domestic Sales Growth was up 1.9% and combined sales of Petrol (MS) and Diesel (HSD) stood at 8.11 MMT, up 1.1% YoY.
Total LPG sales (Domestic and Non-Domestic): 2.21 MMT (↑ 6.6% YoY)
Pipelines:
Pipeline Throughput in Q1 FY26: 6.70 MMT
Network Expansion and Outreach
• Retail Outlets Commissioned in Q1 FY26: 154 (Total: 23,901)
• New LPG Distributors in Q1 FY26: 6 (Total: 6,384)
• CGD Network in Q1 FY26: 711 inch-km of steel and 164 km of MDPE pipeline laid. 8,024 domestic PNG connections (Total: 1,24,484)
• First-ever supply of Lubricants were made to Indonesia, thus, expanding global footprints of the company
Also Read: Titan Company Q1 Results: Standalone PAT surges 34% YoY to Rs 1,030 crore, beats estimates
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
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