ALPHA TRIBE

Hindustan Oil Exploration Company LimitedBoard Meeting, 14-08-2025: Outcome of Board Meeting

14-08-2025 | 06:09 pm

HOEC's Board has approved the financial results for the quarter ending June 30, 2025. The company posted a consolidated revenue of ₹85.50 crore and a net profit of ₹43.87 crore for the quarter, resulting in an EPS of ₹3.32. A key strategic update from the meeting is the full ownership of the B-80 oil and gas block, now 100% held by HOEC. This consolidation led to a one-time gain of ₹32.52 crore, significantly boosting the quarter's profit. This move strengthens HOEC's asset base and future operational control.

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