HPCL Q1 Results: Standalone net profit plunges 94% YoY to Rs 356 crore, revenue up 1%
State-owned fuel retailer Hindustan Petroleum Corporation (HPCL) on Monday reported that its standalone net profit fell 94.2% year-on-year (YoY) to Rs 355.80 crore as against Rs 6,203.9 crore reported in the corresponding quarter of the last fiscal year. During the quarter, HPCL’s revenue rose 1.4% YoY to Rs 1,20,358.59 crore. On a sequential basis, PAT …