Hindustan Petroleum Corporation Limited reported a sharp rise in profit for the fourth quarter and full financial year 2025-26, supported by stronger refining margins, higher refinery throughput, and steady growth in fuel sales volumes.
The state-run oil marketing company announced its financial results for the quarter and year ended March 31, 2026, on Wednesday.
The company said the performance reflected resilient refinery operations, sustained market sales growth, and continued progress in strengthening its financial position.
The company’s board also recommended a final dividend of ₹19.25 per equity share with a face value of ₹10 for FY26, subject to shareholder approval at the annual general meeting.
HPCL reported a 133% year-on-year increase in standalone profit after tax for FY26 at ₹17,175 crore, compared with ₹7,365 crore in FY25.
Investments were focused on refining and marketing infrastructure, subsidiaries, joint ventures, and new business lines.
HPCL Rajasthan Refinery Limited commenced crude processing trials during February 2026 and processed 176 TMT of crude during the trial run.
The company said a fire broke out at the CDU unit of the refinery on April 20, 2026.
The fire was brought under control without any loss of life or injuries.
HPCL continued expanding its renewable and clean energy initiatives during FY26.
The company added one compressed biogas plant under the SATAT scheme during the quarter, taking the total number of plants to 18.
HPCL also added 75 CNG outlets during Q4, taking the total count to 2,253. Solar-powered retail outlets increased to 23,824, representing 95% of its retail network powered by renewable energy.
The company signed multiple agreements during the year, including collaborations related to sustainable aviation fuel, LNG marketing, green hydrogen procurement, and used oil recycling infrastructure.
Shares of HPCL were trading 4.8% higher in afternoon trade on Wednesday, although the stock has declined around 23% so far this year.