PSU stock jumps 4% after its net profit increases by 257% YoYPSU stock jumps 4% after its net profit increases by 257% YoY

Introduction:

Leading state-run oil company reported a 257% YoY growth in Q3 FY25 net profit, reaching ₹2,544 crore. The company saw a significant surge in PAT and a 10% rise in product sales revenue, demonstrating strong financial performance.

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Share price movement of HPCL:

On January 24, 2025, Hindustan Petroleum Corporation Ltd. opened at ₹374.50, up 3.38% from its previous close of ₹362.20. The stock reached a high of ₹380.00 (4.91%) and a low of ₹362.85. By 10:40 AM, it traded at ₹365.35, a 0.87% increase, with a market cap of ₹77,740 crore.

HPCL Reports 257% YoY Profit Growth:

Hindustan Petroleum Corporation (HPCL) reported a robust 257% YoY growth in its Q3 FY25 consolidated net profit, reaching ₹2,544 crore, up from ₹713 crore in the same quarter last year. Revenue stood at ₹1,18,513 crore.

The company saw a significant surge in profit after tax (PAT), increasing by 1,683% from ₹143 crore in Q2 FY25. This impressive jump highlights HPCL’s strong financial performance amidst challenging market conditions.

Revenue from product sales rose by 10% compared to ₹1.07 lakh crore in Q2 FY25. The strong performance demonstrates HPCL’s resilience, maintaining steady revenue despite fluctuations in market dynamics.

Recent news on HPCL:

As of January 09, 2025, the government is expected to provide a ₹35,000 crore subsidy to state-owned oil companies, including HPCL, to compensate for losses incurred due to fuel sales during this fiscal year.

Stock performance of HPCL for Period of 1 week, 6 months and 1 year:

HPCL saw a 0.89% return over the past week, reflecting short-term stability. However, the stock declined by 3.84% over the last six months. Over the past year, it posted a solid return of 26.1%, showcasing long-term growth.

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Shareholding pattern of HPCL:

All values in %	Dec 2024	Sep 2024	Jun 2024
Promoter	54.90%	54.90%	54.90%
FII	14.40%	14.10%	13.20%
DII	21.80%	21.70%	21.50%
Public	8.80%	9%	10%

About HPCL:

Hindustan Petroleum Corporation Ltd (NSE: HINDPETRO) is a leading player in refining crude oil, marketing petroleum products, and hydrocarbon production. It operates India’s largest lube refinery, second-largest cross-country pipeline network, and retail and LPG distribution networks.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.