Hindustan Petroleum Corporation Limited (HPCL) has announced the approval of its unaudited standalone financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results on January 21, 2026. Key highlights include a ₹4,072.49 Crore net profit for the quarter and an improved Gross Refining Margin (GRM) of US $6.91 per BBL during the period April-December 2025.
Financial Performance Highlights
HPCL reported a net profit of ₹4,072.49 Crore for the quarter ended December 31, 2025, as per the approved unaudited standalone financial results. The total income for the quarter stood at ₹1,25,169.47 Crore. The results reflect the company’s performance in Q3 2026, showcasing its operational and financial strength.
Key Financial Metrics
The company’s performance includes the following key metrics:
- Sale of Products (including Excise Duty):₹1,23,953.30 Crore
- Other Operating Revenue:₹529.93 Crore
- Other Income:₹686.24 Crore
Gross Refining Margin (GRM)
HPCL’s Average Gross Refining Margin (GRM) for the period from April to December 2025 was US $6.91 per BBL. This represents an increase compared to the GRM of US $4.73 per BBL during the same period in the previous year, demonstrating improved refining efficiencies.
Physical Performance
The company reported the following physical performance metrics:
- Crude Thruput: 6.38 MMT
- Market Sales: 12.68 MMT (Domestic), 0.66 MMT (Exports)
- Pipeline Thruput: 6.24 MMT
Additional Disclosures
The announcement also confirmed no outstanding defaults on loans or debt securities. The Debt Equity Ratio is reported at 0.89 Times. The company has also provided additional financial ratios for increased transparency.
Consolidated Results
The board also approved the consolidated unaudited financial results. Key figures from the consolidated results include a net profit of ₹4,011.40 Crore and total comprehensive income of ₹4,068.28 Crore for the quarter ended December 31, 2025.
Source: BSE
