HPCL Q4 results: Net profit dips 25% YoY to ₹2,709 crore; dividend declared, 1:2 bonus issue announced

SummaryHPCL Q4 results: The oil marketing company reported a revenue from operations of ₹1.14 lakh crore, higher by 2.9% as compared to ₹1.11 lakh crore in the same quarter a year ago.Hindustan Petroleum Corporation Ltd (HPCL) posted a net profit of ₹2,709.3 crore in the fourth quarter of financial year 2023-24 (Q4FY24), down 25% as compared to ₹3,608.3 crore in the year-ago period, as per the results declared on May 9.
The net profit growth was dampened due to rise in refining…
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Source: https://upstox.com/news/market-news/earnings/hpcl-q4-net-profit-dips-25percent-yoy-to-indian-rupee2709-crore-12-bonus-issue-announced/