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HPCL reports highest-ever annual profit of ₹10,664 crore in FY21
short by Maanya Sachdeva / on Friday, 21 May, 2021
Hindustan Petroleum Corporation Limited (HPCL) reported an increase in net profit from ₹2,637 crore in 2019-20 to ₹10,664 crore in the financial year ended March 31, 2021. This is the highest-ever annual profit reported by HPCL, whose Q4 FY21 profit stood at ₹3,018 crore, up from ₹27 crore in the year-ago period. Revenue from sales in Q4 was ₹84,905 crore.