NSEPress Release22 Oct 2026 · 22 Oct 2026, 05:25 pm
Press Release
Hindustan Petroleum Corporation Limited · HINDPETRO
✦ AI Summary▲ PositiveResults
Hindustan Petroleum Corporation Limited (HPCL) has announced its unaudited financial results for the quarter and half year ended September 30, 2026, showing resilient and robust performance by the Refineries and the Marketing divisions in the midst of the ongoing West Asia crisis.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
Hindustan Petroleum Corporation Limited has informed the Exchange regarding a press release dated October 22, 2026, titled "Unaudited Financial Results for the Quarter and Half Year ended September 30, 2026".
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Hindustan Petroleum Corporation Limited ......_,;--
(A Govt. of India Enterprise) Regd. Office: 17, Jamshedji Tata Road, Churchgate, Mumbai -400 020
Ref.: Co.Secy./RKS/385/2026 October 22, 2026
BSE Limited,
Phiroze Jeejeebhoy Towers, Dalal Street,
Mumbai – 400 001 Scrip Code: 500104
Sub.: Unaudited Financial Results for
National Stock Exchange of India Limited the Quarter and Half Year ended
Exchange Plaza, 5th Floor,Plot No. C/1, September 30, 2026
G-Block, Bandra-Kurla Complex, Bandra East,
Mumbai – 400 051 Scrip Name: HINDPETRO
Dear Sir(s),
In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, we are forwarding herewith Press release on the subject for your information and records.
Thanking you,
Very truly yours,
Rakesh Kumar Singh
Company Secretary
Encl: a/a
17, =•)?;s;ft vn m;, $rt -400 020 I ,.,,..,.. : 2286 3900
17, Jamshedji lata Road, Churchgate, Mumbai • 400 020 I Phone: 2286 3900
email: corphqo@hpcl.ln I website: www.hindustanpetroleum.com I CIN: L23201 MH1952GOI008858
Press Release
Hindustan Petroleum Corporation Limited
Petroleum House, 17, Jamshedji Tata Road,
Mumbai, India – 400020
Mumbai, 22 October, 2026
Hindustan Petroleum Corporation Limited (HPCL) today announced its financial results for the
quarter and half year ended September 30, 2026. The results reflect resilient and robust
performance by the Refineries and the Marketing divisions of the company in the midst of the
ongoing West Asia crisis.
Financial Performance
Revenue from Operations
o Q2 FY27: ₹ 1,39,140 crore (₹ 1,10,323 crore in Q2 FY26)
o H1 FY27: ₹ 2,84,267 crore (₹ 2,30,458 crore in H1 FY26)
Gross Refining Margin before Export Cess (GRM)
o Q2 FY27: US$ 32.15 per barrel (US$ 8.80 per barrel in Q2 FY26)
o H1 FY27: US$ 27.89 per barrel (US$ 5.95 per barrel in H1 FY26)
Standalone Profit/Loss After Tax
o Q2 FY27: Net Profit ₹ 3,483 crore (PAT ₹ 3,830 crore in Q2 FY26)
o H1 FY27: Net Loss ₹ (8,044) crore (PAT ₹ 8,201 crore in H1 FY26)
Consolidated Profit/Loss After Tax
o Q2 FY27: Net Profit ₹ 3,625 crore (PAT ₹ 3,859 crore in Q2 FY26)
o H1 FY27: Net Loss ₹ (8,639) crore (PAT ₹ 7,970 crore in H1 FY26)
Operational Performance
Refining Performance:
Refineries recorded crude throughput of 6.20 MMT during 2QFY27, operating at 100% of
the capacity.
o Visakh Refinery registered crude throughput of 3.60 MMT, operating at 95% of its
capacity
o Mumbai Refinery registered crude throughput of 2.60 MMT, operating at 109 % of its
capacity
For any further clarification, please contact:
Sh. Anupam Tiwari, Chief General Manager – CSR & PRCC Tel: 022-22788621 (O), +91 9619244488 (M), anupam.tiwari@hpcl.in
or Sh. Yogesh Surwase, Manager – PRCC, Tel: 022–22788368 (O), +91-7798001675 (M), yogesh.surwase@hpcl.in
Press Release
Hindustan Petroleum Corporation Limited
Petroleum House, 17, Jamshedji Tata Road,
Mumbai, India – 400020
Refineries recorded crude throughput of 12.72 MMT during 1HFY27, operating at 104%
of the capacity.
o Visakh Refinery registered crude throughput of 7.57 MMT, operating at 101 % of its
capacity
o Mumbai Refinery registered crude throughput of 5.15 MMT, operating at 108 % of its
capacity
Marketing and Sales Performance:
Sales Volume:
2QFY27 Sales (including exports): 12.73 MMT (↑ 5.5 % YoY)
o Domestic Sales Growth: 4.9 %
o Combined sale of Petrol (MS) and Diesel (HSD): 7.78 MMT (↑10.0% YoY)
o Total LPG sales: 2.03 MMT
o Pipeline Throughput: 6.99 MMT
1HFY27 Sales (including exports): 25.85 MMT (↑ 2.9 % YoY)
o Domestic Sales Growth: 2.3 %
o Combined sale of Petrol (MS) and Diesel (HSD): 16.55 MMT (↑9.0% YoY)
o Total LPG sales: 3.76 MMT
o Pipeline Throughput: 13.83 MMT
Strategic Investments and Infrastructure Development
Capex in 2QFY27: ₹ 2,085 crore; cumulative for 1HFY27: ₹ 3,819 crore - focused on
strengthening refining and marketing infrastructure, and improving operating efficiencies.
HPCL Rajasthan Refinery Limited (HRRL)
o Long-term credit rating of the company has been upgraded from AA to AA+ with
Stable outlook by CRISIL Ratings
o The debt-arrangement of ₹ 51,970 crore of the company was refinanced/repriced with
lenders at a lower cost.
During 2QFY27, 201-km long LPG pipeline from Haldia to Panagarh in West Bengal was
mechanically completed, and is currently in pre-commissioning stage.
Commissioned Open Access Fuel Farm facility at Bhogapuram Airport, and commenced
refuelling operations.
For any further clarification, please contact:
Sh. Anupam Tiwari, Chief General Manager – CSR & PRCC Tel: 022-22788621 (O), +91 9619244488 (M), anupam.tiwari@hpcl.in
or Sh. Yogesh Surwase, Manager – PRCC, Tel: 022–22788368 (O), +91-7798001675 (M), yogesh.surwase@hpcl.in
Press Release
Hindustan Petroleum Corporation Limited
Petroleum House, 17, Jamshedji Tata Road,
Mumbai, India – 400020
Network Expansion and Outreach
Retail Outlets as on 30th September 2026: 25,245
LPG Distributors as on 30th September 2026: 6,394
PNG Connections as on 30th September 2026: 77,984
New Initiatives
Samriddhi 2.0 – Accruals under Project Samridhi 2.0 (the EBITDA improvement program of
the company) during 1HFY27 is ₹ 327 Crore (US$ 0.18/bbl.)
As of 30th September 2026, HP Green R&D Centre (HPGRDC) has filed a total number of 800
patents, out of which 339 patents have been granted.
HPCL commissioned India’s first Refinery Blue Hydrogen unit in Visakh Refinery during the
quarter, which is based on patented Higas Technology and HP Novel Amine.
HPCL launched HP Navya, the 10 kg Composite LPG Cylinder, and partnered with Swiggy
Instamart to enter the Q-Commerce ecosystem; released 0.36 lakh new connections till Sep’26.
Strengthened HPCL’s global presence in Lubricants business with sales in Turkey and Sudan,
thus, expanding its footprint to 35 countries worldwide.
Sustainability and Energy Transition
Retail Energy Transition:
o CNG Outlets as on 30th September 2026: 2,296
o Solarized Retail Outlets as on 30th September 2026: 24,172 – 96% of outlets powered
by renewables
o EV Charging Stations as on 30th September 2026: 5,880
HP Renewable & Green Energy Ltd.
o Secured Consent to Establish (CTE) from the State Pollution Control Boards for 9
CBG projects
o Secured awards for 4 MSW-based projects from Urban Local Bodies (ULBs) in the
states of Punjab and Bihar
o Obtained CEA (Central Electricity Authority) approval for the 70 MWp Gaaliveedu
Solar Project
For any further clarification, please contact:
Sh. Anupam Tiwari, Chief General Manager – CSR & PRCC Tel: 022-22788621 (O), +91 9619244488 (M), anupam.tiwari@hpcl.in
or Sh. Yogesh Surwase, Manager – PRCC, Tel: 022–22788368 (O), +91-7798001675 (M), yogesh.surwase@hpcl.in
Press Release
Hindustan Petroleum Corporation Limited
Petroleum House, 17, Jamshedji Tata Road,
Mumbai, India – 400020
Awards and Accolades
HPCL bagged the prestigious PNGRB Excellence Award for outstanding performance in
CGD Customer Care and Service Delivery.
HPCL bagged prestigious PNGRB Excellence Award for Product Transporter of the Year for
Mangalore Hassan Bangalore LPG pipeline (for LPG) and Awa-Salawas pipeline (for POL)
HPCL won the Silver Award at e4m Indian Digital Marketing Awards (IDMA) 2026 for its
initiative ‘Hyper Local Search Marketing for Retail Outlets’ in the category ‘Location-based
or Proximity Marketing Campaign of the Year’.
HPCL Drive Truck plus received recognition at Economic Times Brand Equity Martech+
awards 2026 in the Retail Category
HPCL has been conferred with the ET MarTech+ Awards 2026 in the Mobile Marketing
Platform & App Innovation category for HP Pay and Jury Recognition in the Multi-Channel
Marketing category
For any further clarification, please contact:
Sh. Anupam Tiwari, Chief General Manager – CSR & PRCC Tel: 022-22788621 (O), +91 9619244488 (M), anupam.tiwari@hpcl.in
or Sh. Yogesh Surwase, Manager – PRCC, Tel
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