HPCL Reports 35-58% Rise in Q3 FY26 Net Profit on Improved Refining Margins

Hindustan Petroleum Corporation Ltd (HPCL) reported a consolidated net profit increase of 35-58% year-on-year in Q3 FY26, with figures ranging from Rs 4,011 crore to Rs 5,157 crore across sources. Revenue grew modestly by 4-5% to around Rs 1.14-1.24 lakh crore. The profit rise was driven by improved refining margins, higher crude throughput, efficient cost controls, and LPG compensation. Sequentially, profit and revenue showed moderate growth or stability, supported by record refinery utilization and expanded marketing networks.