{"id":229575,"date":"2019-02-06T05:59:36","date_gmt":"2019-02-06T05:59:36","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=229575"},"modified":"2019-02-06T06:14:11","modified_gmt":"2019-02-06T06:14:11","slug":"hit-by-falling-crude-prices-hpcls-net-profit-crashes-by-87-to-rs-247-5-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/hit-by-falling-crude-prices-hpcls-net-profit-crashes-by-87-to-rs-247-5-crore\/","title":{"rendered":"Hit by falling crude prices, HPCL\u2019s net profit crashes by 87% to Rs. 247.5 crore"},"content":{"rendered":"<p>Hindustan Petroleum Corporation Ltd (HPCL) has reported a Rs. 247.55-crore net profit for the third quarter of FY19. This is 87 per cent lower than the Rs. 1,949.69-crore profit reported in the corresponding quarter of FY18. \u201cThe decrease in profit is mainly due to inventory losses caused by falling crude prices and higher fuel and loss component,\u201d said HPCL Chairman MK Surana.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hindustan Petroleum Corporation Ltd (HPCL) has reported a Rs. 247.55-crore net profit for the third quarter of FY19. This is 87 per cent lower than the Rs. 1,949.69-crore profit reported in the corresponding quarter of FY18. \u201cThe decrease in profit is mainly due to inventory losses caused by falling crude prices and higher fuel and loss component,\u201d said HPCL Chairman MK Surana.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-229575","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/229575","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=229575"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/229575\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=229575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=229575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=229575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}