Hindustan Oil Exploration Company Limited — Investor Meet, 29-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates
29-05-2025 | 12:50 am
29-05-2025 | 12:50 am
Hindustan Oil Exploration Company has announced a board meeting to consider the financial results for the quarter and half-year. Q4 FY25 net production fell to 2,665 BOEPD, pressured by declines in key fields and softer gas/oil prices. Revenue was ₹420.87 Cr with a net profit of ₹147.20 Cr, down QoQ but up YoY, while EBITDA margins were hit by lower volumes and realizations. The company has increased stake to 100% in Mumbai Offshore and is advancing drilling, environmental clearances, and seismic studies across multiple blocks. Management aims to accelerate resource monetization and growth through strategic drilling and infrastructure, with a cautiously optimistic outlook.
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