{"id":616054,"date":"2023-11-08T11:47:50","date_gmt":"2023-11-08T06:17:50","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=616054"},"modified":"2023-11-08T11:47:50","modified_gmt":"2023-11-08T06:17:50","slug":"hpcl-back-in-black-with-rs-5827-crore-net","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/hpcl-back-in-black-with-rs-5827-crore-net\/","title":{"rendered":"HPCL back in black with Rs 5,827 crore net"},"content":{"rendered":"<p>NEW DELHI: State-owned Hindustan Petroleum Corporation (HPCL) on Monday reported returning to profitability in the September quarter after a boost in marketing margin improved earnings.<\/p>\n<p>It logged a consolidated net profit of Rs 5,827 crorein the September quarter. In the year-ago period, the company had reported a loss of Rs 2,476 crore, it said in a stock exchange filing.<\/p>\n<p>The profit was aided by a boost in marketing margins as a freeze on petrol and diesel price revision despite a fall in input crude oil prices helped recover losses incurred when rates were high last year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: State-owned Hindustan Petroleum Corporation (HPCL) on Monday reported returning to profitability in the September quarter after a boost in marketing margin improved earnings. It logged a consolidated net profit of Rs 5,827 crorein the September quarter. In the year-ago period, the company had reported a loss of Rs 2,476 crore, it said in a stock exchange filing. The profit was aided by a boost in marketing margins as a freeze on petrol and diesel price revision despite a fall in input crude oil prices helped recover losses incurred when rates were high last year.<\/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":[130,219,137],"tags":[],"class_list":["post-616054","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/616054","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=616054"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/616054\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=616054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=616054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=616054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}