Hindustan Petroleum Corporation announced the cessation of Ganesh P Gaikwad as Executive Director - CPO on account of superannuation with effect from 01 November 2025. Powered by Capital Market - Live News

Hindustan Petroleum Corporation announced that the Board of Directors of the Company at its meeting held on 29 October 2025, inter alia, have recommended the interim dividend of Rs 5 per equity Share (i.e. 50%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Hindustan Petroleum Corporation rose 2605.05% to Rs 3859.30 crore in the quarter ended September 2025 as against Rs 142.67 crore during the previous quarter ended September 2024. Sales rose 0.87% to Rs 100334.46 crore in the quarter ended September 2025 as against Rs 99464.42 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales100334.4699464.42 1 OPM %6.832.31 - PBDT6743.121877.73 259 PBT5130.91348.19 1374 NP3859.30142.67 2605 Powered by Capital Market - Live News

 Hindustan Petroleum Corporation announced that CRISIL Ratings has assigned credit rating `CRISIL AAA; Stable` to the proposed Non-Convertible Debentures (NCDs) of the Company of Rs 5,000 crore. Powered by Capital Market - Live News

Hindustan Petroleum Corporation (HPCL) had sourced 54.6 MT of crude oil from the B-80 Mumbai Offshore oilfield of Hindustan Oil Exploration Company (HOECL), for processing at its Mumbai Refinery through auction dated 25 August 2025. A part of the said crude oil received subsequently was processed in October 2025 and found to be causing operational issues including corrosion in downstream units, yielding suboptimal outputs and turned down production. Potential reasons are the very high salt and chloride content in the crude oil, which are beyond contractual terms of Crude Offtake Sales Agreement with Supplier. Matter has been taken up with the supplier and claims and damages in line with the contractual terms would be pursued. The Company has taken the necessary steps to return to normal operations at the earliest.Powered by Capital Market - Live News