Hindustan Petroleum Corporation Limited — Board Meeting, 07-08-2025: Outcome of Board Meeting
07-08-2025 | 05:16 pm
07-08-2025 | 05:16 pm
HPCL's board has met and approved its consolidated financial results for the quarter ended June 30, 2025, posting a net profit of Rs. 4,110.93 Cr. The company also cleared plans to raise up to Rs. 10,000 Cr via non-convertible debentures through private placement, primarily for refinancing existing debt and funding capital expenditure. Notably, a Rs. 13,042.56 Cr negative buffer from LPG cylinders remains unrecognised as revenue due to pending government authorization, affecting the reported financials.
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