{"id":492567,"date":"2022-05-20T08:58:05","date_gmt":"2022-05-20T03:28:05","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=492567"},"modified":"2022-05-20T09:26:24","modified_gmt":"2022-05-20T03:56:24","slug":"hpcl-q4-net-declines-40-declares-final-dividend-of-rs-14-share-for-fy22","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/hpcl-q4-net-declines-40-declares-final-dividend-of-rs-14-share-for-fy22\/","title":{"rendered":"HPCL Q4 net declines 40%, declares final dividend of Rs 14\/share for FY22"},"content":{"rendered":"<p>Hindustan Petroleum Corporation Ltd (HPCL) on Thursday reported a 40 per cent drop in net profit in the quarter ended March 31 as higher refining margins were wiped away by losses on auto fuel sales.<\/p>\n<p>Net profit of Rs 1,795.26 crore in January-March compared with Rs 3,017.96 crore a year back, the company said in a stock exchange filing.<\/p>\n<p>HPCL Chairman and Managing Director Pushp Kumar Joshi, at a media call, said the company earned USD 12.44 on turning every barrel of crude oil into fuel in the fourth quarter of fiscal 2021-22 as against a gross refining margin (GRM) of USD 8.11 per barrel in the same quarter a year back.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hindustan Petroleum Corporation Ltd (HPCL) on Thursday reported a 40 per cent drop in net profit in the quarter ended March 31 as higher refining margins were wiped away by losses on auto fuel sales. Net profit of Rs 1,795.26 crore in January-March compared with Rs 3,017.96 crore a year back, the company said in a stock exchange filing. HPCL Chairman and Managing Director Pushp Kumar Joshi, at a media call, said the company earned USD 12.44 on turning every barrel of crude oil into fuel in the fourth quarter of fiscal 2021-22 as against a gross refining margin (GRM) [&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":[135,130,169],"tags":[],"class_list":["post-492567","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/492567","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=492567"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/492567\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=492567"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=492567"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=492567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}