The company's total income (excluding excise duty) rose 5.23% YoY to Rs 1,15,740.02 crore during the December 2025 quarter.
Profit before tax (PBT) stood at Rs 5,412.68 crore in Q3 FY26, registering a growth of 34.96% compared to the same quarter last year.
The gross refining margin (GRMs) jumped to US $8.85 per barrel in Q3 FY26 from US $6.01 per barrel in Q3 FY25.
During the quarter, HPCL’s refineries recorded a crude throughput of 6.38 million metric tonnes (MMT) in Q3 FY26, representing a 1.39% growth over 6.47 MMT in Q3 FY25.
The company’s Q3 FY26 sales, including exports, stood at 13.34 MMT, registering a 3.7% year-on-year increase, while domestic sales grew 3.1%.
Combined sales of petrol (MS) and diesel (HSD) reached 8.07 MMT, up 2.6% YoY, and total LPG sales (domestic and non-domestic) rose 8.9% to 2.52 MMT. Pipeline throughput during the quarter was 6.24 MM.
On the margins front, the operating margin improved to 4.34% in Q3 FY26 from 3.76% in Q3 FY25. Similarly, the net profit margin rose to 3.27%, up from 2.54% in the corresponding quarter of the previous fiscal year.
Capital expenditure in Q3 FY26 stood at Rs 4,976 crore, taking cumulative capex for the first nine months of FY26 to Rs 11,094 crore. The spending was focused on strengthening refining and marketing infrastructure, including investments in subsidiaries and joint ventures to add capacities, develop new business lines and improve operating efficiencies.
Under its network expansion and outreach initiatives, the company commissioned 321 retail outlets in Q3 FY26, taking the total network to 24,572 outlets. It also added five new LPG distributors during the quarter, raising the total to 6,389.
In the city gas distribution (CGD) segment, the company laid 793 inch-km of steel pipelines and 194 km of MDPE pipelines in Q3 FY26, taking cumulative lengths to 14,026 inch-km and 4,593 km, respectively, and added 12,457 domestic PNG connections, with the total reaching 1,45,867.
Hindustan Petroleum Corporation is mainly engaged in the business of refining of crude oil and marketing of petroleum products, production of hydrocarbons as well as providing services for management of E&P Blocks.
Shares of Hindustan Petroleum Corporation shed 0.12% to Rs 428.45 on the BSE.
"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."
"No need to issue cheques by investors while subscribing to Equity IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
"Contents which are exclusively for Non-Broking Products/Services, "Mutual Fund, Mutual Fund-SIP, Research reports, Insurance, etc. where the Member is just a distributor. These are not Exchange traded product and the Member is just acting as distributor. It should also state that all disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism."