State-controlled Hindustan Petroleum Corp Ltd (HPCL) on Thursday reported a massive jump in net profit for the fourth quarter ended March 31, 2021. The company posted a net profit of ₹3,017.96 crore in March 2021 as against ₹26.80 crore profit in March 2020, HPCL said in a BSE filing on Thursday.
HPCl also reported an increase in total income of ₹85,748 crore in March quarter FY21.
Whereas HPCL’s reported ₹71,978.62 crore of total income in March 2020.
The oil company’s gross sale stood at 89,904.75 crore for the Q4 FY21 as against 71,268.14 crore in the same period last year.
Additionally, the board of the company recommended a final dividend of ₹22.75 per equity share.