HPCL posts Rs 5,827 crore profit in July-September quarter ...Middle East

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HPCL posts Rs 5,827 crore profit in July-September quarter
Mumbai: Hindustan Petroleum Corporation Ltd (HPCL) on Monday reported a consolidated net profit of Rs 5,826.96 crore for the July-September quarter of the current financial year to bounce back from the huge loss of Rs 2,476 crore it had piled up in the same quarter last year. However, sequentially, the net profit of HPCL fell 14 per cent from its April-June quarter profit of Rs 6,765.50 due to the spike in crude prices. HPCL has posted its highest ever half-yearly consolidated net profit of Rs 12,592 crore during April-September 2023 (against consolidated net loss of Rs 11,033 crore duringthe corresponding period of previous year). The company’s standalone net profit during this period was

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