{"id":534606,"date":"2022-11-05T12:00:50","date_gmt":"2022-11-05T06:30:50","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=534606"},"modified":"2022-11-05T12:00:50","modified_gmt":"2022-11-05T06:30:50","slug":"hpcl-slips-after-recording-loss-of-rs-2172-crore-in-q2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/hpcl-slips-after-recording-loss-of-rs-2172-crore-in-q2\/","title":{"rendered":"HPCL slips after recording loss of Rs 2172 crore in Q2"},"content":{"rendered":"<p>Hindustan Petroleum Corporation (HPCL) on Thursday reported back-to-back quarterly losses for the first time.<\/p>\n<p>The state-owned refiner suffered a Rs 2,172.14 net loss in July-September after losses from a freeze on petrol and diesel prices couldn\u2019t be made up by accounting for a one-time government grant that came after the quarter had ended.<\/p>\n<p>The Q2 loss compares with Rs 1,923.51 crore profit in the same period last year. HPCL posted a record loss of Rs 10,196.94 crore in the April-June quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hindustan Petroleum Corporation (HPCL) on Thursday reported back-to-back quarterly losses for the first time. The state-owned refiner suffered a Rs 2,172.14 net loss in July-September after losses from a freeze on petrol and diesel prices couldn\u2019t be made up by accounting for a one-time government grant that came after the quarter had ended. The Q2 loss compares with Rs 1,923.51 crore profit in the same period last year. HPCL posted a record loss of Rs 10,196.94 crore in the April-June quarter.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,215,148],"tags":[],"class_list":["post-534606","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-telegraph","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/534606","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=534606"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/534606\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=534606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=534606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=534606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}