Hindustan Petroleum Corporation Limited (HPCL) has reported robust financial results for the fiscal year ended March 31, 2026. The company achieved a 133% increase in standalone profit after tax, reaching ₹17,175 crore, driven by record refinery throughput of 26.04 MMT and steady growth in marketing volumes. Additionally, the board has recommended a final dividend of ₹19.25 per equity share, reflecting strong operational performance and improved financial health.
Record-Breaking Financial Performance
For the financial year 2026, HPCL demonstrated significant growth, with standalone Profit After Tax (PAT) rising to ₹17,175 crore compared to ₹7,365 crore in FY25. The company’s consolidated PAT also saw a substantial rise, reaching ₹18,047 crore. Revenue from operations for the full year stood at ₹4,78,543 crore, up from ₹4,66,346 crore in the previous fiscal year. In Q4 FY26 alone, the company reported a PAT of ₹4,902 crore, marking a 46% increase on a year-on-year basis.
Operational Excellence and Refining
HPCL achieved its highest-ever refinery throughput of 26.04 MMT during FY26, a 3% increase over the previous year. Both the Visakh and Mumbai refineries performed exceptionally well, operating at 107% and 105% of their respective capacities. The company also maintained a robust Gross Refining Margin (GRM) of US$ 8.79 per barrel for the year. Marketing operations remained strong as well, with total sales volume reaching 51.45 MMT, representing a 3.3% YoY growth.
Strategic Investments and Sustainability
The company continued its focus on infrastructure, with a total Capex of ₹15,705 crore for FY26. Key developments included progress on the HPCL Rajasthan Refinery Limited (HRRL), where crude processing trials commenced. HPCL is also advancing its green initiatives, having onboarded a new Compressed Bio-Gas (CBG) plant and solarizing 829 retail outlets, bringing the total to 23,824 solarized locations. Additionally, the company is expanding its renewable energy footprint and has signed several strategic MoUs to enhance circular economy practices and sustainable aviation fuel collaboration.
Shareholder Returns
Reflecting its strong financial position and commitment to shareholders, the Board of Directors has recommended a final dividend of ₹19.25 per equity share (face value of ₹10) for FY 2025-26. This is in addition to the ₹5.00 per share interim dividend already paid, underlining the company’s focus on delivering value to its investors.
Source: BSE
