Hindustan Oil Exploration Company Limited — Investor Meet, 05-06-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Hindustan Oil Exploration Company has announced a board meeting on the financial results for the quarter and half-year. Standalone revenue jumped to INR 142.61 Cr, driven by full interest in B-80 and asset transfer in Kharsang, with EBITDA surging to INR 148.32 Cr and PAT at INR 147.47 Cr. Consolidated revenue dipped to INR 59.58 Cr due to lower gas demand and maintenance in key fields. Operationally, 18 wells are being drilled in Kharsang with early production at ~200 bpd; offshore assets face downtime but development plans are progressing. Management is focused on boosting reserves through onshore and offshore drilling, holding substantial oil inventory awaiting better prices, and remains cautiously optimistic amid market challenges and stable gas pricing.