New Delhi: Hindustan Petroleum Corporation Limited (HPCL) has recorded Profit after Tax (PAT) of Rs 1,924 crore for the quarter ended September 30, 2021 as compared to PAT of Rs 1,795 crore for the previous quarter recording 7.2 per cent growth. For the period April-September 2021, HPCL recorded a PAT of Rs 3,719 crore. Gross sales for the quarter stood at Rs 87,311 crore as compared to Rs 61,340 crore during the corresponding previous year period. For the period April to September ’21, HPCL recorded gross sales of Rs 1,64,619 crore as compared to Rs 1,07,225 crore of corresponding period of the previous year.
During Q2, HPCL has achieved the domestic sales volume of 8.79 MMT as compared to 8.10 MMT of previous year for the same period representing a growth of more than 8 per cent. The domestic sales of HPCL for the period April-September 2021 was 17.24 MMT as compared to corresponding sales of 15.34 MMT in the previous year, showing a growth of 12 per cent. The major petroleum product has shown growth, with sales of ATF grew by 63 per cent, MS by 23 per cent, HSD by 15 per cent and LPG by four per cent during the period April-September ’21 as compared to the same period in the previous year.
The combined GRM for the period July-September 2021 is US$ 2.44 per barrel as compared to US$ 5.11 per barrel in the corresponding previous period. The combined GRM for the half-year April- September 2021 works out to US$ 2.87 per barrel compared to US$ 2.58 per barrel in the corresponding previous period. The GRM, though helped by better product cracks, was impacted due to higher Fuel and Loss components in view of shutdown, startup and stabilization activities at both the refineries. GRM was also impacted due to higher crude cost.
HPCL reported consolidated PAT of Rs 3,923 crore for the period April-September 2021 as against Rs 5,228 crore during the corresponding period of previous year. During the quarter, 440 new retail outlets were commissioned taking the total retail outlet network to 19,216 as of September 2021. HPCL also commissioned 11 new LPG distributorships during the quarter taking the total LPG distributorships to 6,208 as of September 2021. During the quarter, HPCL has commissioned 517 solar facilities at its retail outlets, taking the total number to 5,192 ROs with solar facilities.
To ensure availability of alternate fuels and offering more choices to customers, CNG facilities were commissioned at 135 retail outlets during April to September 2021, taking the total number of retail outlets with CNG facilities to 809. As of September 2021, EV charging facilities were provided at 327 HPCL retail outlets, while 487 mobile dispensers were also commissioned. /BI/
