HPCL's Q4 net takes hit due to retail fuel price freeze; firm plans Rs 15,000 crore capex in FY23 - Moneycontrol


5/19/2022 12:00:00 AM2 years 11 months ago
by Rachita Prasad

The company’s downstream petroleum business reported revenue of Rs 105,236 crore in Q4FY22, up almost 24% on year. But the business saw its earnings before tax, interest income, interest expenditure, and dividend falling almost 44% year-on-year to Rs 2,261.67…

State run-Hindustan Petroleum Corporation Ltd (HPCL) reported robust topline growth on the back of high crude oil prices, but the company was unable to pass on the higher cost to the customers, leadi… [+3638 chars]

full article...