Hindustan Petroleum Corporation Limited has informed the Exchange that Record date for the purpose of DI is 14-Aug-2025.
HINDPETRO · price
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HPCL's board, at its meeting on May 6, 2025, approved audited standalone and consolidated financial results for FY 2024-25 and recommended a final equity dividend of Rs. 10.50 per share on a face value of Rs. 10, subject to shareholder approval. Record date is fixed as August 14, 2025, and the dividend will be paid within 30 days of declaration at the AGM. For the full year, standalone total income rose modestly to Rs. 4,68,762 crore from Rs. 4,64,020 crore, but net profit fell sharply to Rs. 7,365 crore from Rs. 14,694 crore due to lower refining margins (GRM of $5.74/barrel vs $9.08/barrel). EPS came in at Rs. 34.61 (FY24: Rs. 69.06). The board also appointed M/s. Upendra Shukla & Associates as Secretarial Auditor for three years from FY26, subject to shareholder approval. No loan or debt defaults were reported.
The dividend provides steady income for shareholders but the sharp drop in profit driven by weaker GRMs signals pressure on refining profitability, which could weigh on stock sentiment despite the consistent payout.