{"id":275467,"date":"2019-05-21T06:04:53","date_gmt":"2019-05-21T06:04:53","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=275467"},"modified":"2019-05-21T06:12:16","modified_gmt":"2019-05-21T06:12:16","slug":"hpcl-q4-profit-surges-70-at-%e2%82%b92969-92-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/hpcl-q4-profit-surges-70-at-%e2%82%b92969-92-crore\/","title":{"rendered":"HPCL Q4 profit surges 70% at \u20b92,969.92 crore"},"content":{"rendered":"<p>MUMBAI: State-run Hindustan Petroleum Corporation Ltd (HPCL) posted an increase of 70% in its net profit, helped by inventory gain and rupee appreciation that offset a dip in refinery margins.<\/p>\n<p>Net profit came in at \u20b92,969.92 crore during the fourth quarter of the fiscal year 2019 against \u20b91,747.89 during the corresponding period previous year, the company said in a filing to the BSE.<\/p>\n<p>Total income came in at \u20b973,672.50 crore for the quarter against \u20b966,983.38 crore during the corresponding previous quarter.<\/p>\n<p>Other expenses for the fiscal year includes \u20b9578.92 crore towards loss on account of foreign currency transactions and translations. During fiscal 2018, the company recorded a gain of \u20b9322.39 crore on account of foreign currency transactions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: State-run Hindustan Petroleum Corporation Ltd (HPCL) posted an increase of 70% in its net profit, helped by inventory gain and rupee appreciation that offset a dip in refinery margins. Net profit came in at \u20b92,969.92 crore during the fourth quarter of the fiscal year 2019 against \u20b91,747.89 during the corresponding period previous year, the company said in a filing to the BSE. Total income came in at \u20b973,672.50 crore for the quarter against \u20b966,983.38 crore during the corresponding previous quarter. Other expenses for the fiscal year includes \u20b9578.92 crore towards loss on account of foreign currency transactions and translations. [&hellip;]<\/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":[139,130,187],"tags":[],"class_list":["post-275467","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/275467","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=275467"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/275467\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=275467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=275467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=275467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}