HPCL Slips Into Loss In Q1 As Marketing Margins Dry Up

HPCL reported a net loss of Rs 8,557 crore in the April-June period, as against a profit of Rs 2,018 crore in January-March.

Vikas Srivastava

Published On

06 Aug 2022, 04:47 PM IST

Last Updated On

06 Aug 2022, 04:47 PM IST

A fuel pump nozzle sits in a vehicle at a HPCL gas station. (Photographer: Anindito Mukherjee/Bloomberg)

Hindustan Petroleum Corp. Ltd. reported a consolidated net loss in the June quarter as marketing margins and other income dropped.

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Vikas Srivastava

Vikas Srivastava has close to 20 years of experience in financial journalis... more

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