Hindustan Petroleum Corporation Limited
Hindustan Petroleum Corporation Limited (HPCL) submitted its unaudited financial results for the quarter and half year ended September 30, 2026, to BSE Limited and National Stock Exchange of India Limited. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Financial Highlights
Half Year Ended September 30, 2026 (H1 2026-27):
- Revenue from Operations: ₹2,84,267 crore
- Profit Before Tax (PBT): Loss of ₹10,678 crore
- Profit After Tax (PAT): Loss of ₹8,044 crore
- EBITDA: Loss of ₹5,038 crore
- Exchange Fluctuation Loss: ₹314 crore
- Crude Liability: Loss of ₹60 crore
- Other than Crude Liability: Loss of ₹254 crore
- Interest Expenditure: ₹1,972 crore
- Interest Income: ₹113 crore
- Debt Level: ₹65,458 crore
- Gross Refining Margin (Before Export Cess): $27.89 per barrel
Quarter Ended September 30, 2026 (Q2 2026-27):
- Revenue from Operations: ₹1,39,140 crore
- Profit Before Tax (PBT): ₹6,768 crore
- Profit After Tax (PAT): ₹3,483 crore
- EBITDA: ₹9,822 crore
- Exchange Fluctuation Loss: ₹299 crore
- Crude Liability: Loss of ₹71 crore
- Other than Crude Liability: Loss of ₹228 crore
- Interest Expenditure: ₹1,207 crore
- Interest Income: ₹56 crore
- Debt Level: ₹65,458 crore
- Gross Refining Margin (Before Export Cess): $32.15 per barrel
Operational Highlights
Refinery Operations (H1 2026-27 / Q2 2026-27):
- Throughput: 12.72 MMT / 6.20 MMT
- Capacity Utilization: 103.6% / 100.4%
- Distillate Yield: 75.9% / 75.3%
- High Sulphur as % of Total Crude: 71.6% / 72.3%
Pipeline Operations:
- H1 2026-27: 13.83 MMT
- Q2 2026-27: 6.99 MMT
Marketing Operations - Petroleum Products (H1 2026-27 / Q2 2026-27):
Domestic Sales (MMT):
- MS (Motor Spirit): 5.55 / 2.75
- HSD (High Speed Diesel): 11.00 / 5.03
- SKO (Superior Kerosene Oil): 0.05 / 0.03
- LPG: 3.76 / 2.03
- ATF: 0.63 / 0.30
- Lubes: 0.29 / 0.18
- FO: 0.47 / 0.25
- LSHS: 0.06 / 0.03
- Bitumen: 0.53 / 0.25
- Naphtha: 0.24 / 0.13
- Others: 1.38 / 0.72
- Total Domestic: 23.95 / 11.71
Export Sales:
- Petroleum Products: 1.90 MMT / 1.02 MMT
Total Sales:
- H1 2026-27: 25.85 MMT
- Q2 2026-27: 12.73 MMT
The document was signed by Rakesh Kumar Singh, Company Secretary, on October 22, 2026.