Outcome of the Board Meeting
HINDPETRO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
HPCL Board approved audited FY2025-26 standalone results with net profit of Rs. 17,175.23 crore, more than doubling from Rs. 7,364.86 crore in the previous year. Total income stood at Rs. 4,81,234 crore. The Board recommended a final dividend of Rs. 19.25 per equity share (face value Rs. 10), in addition to the Rs. 5 interim dividend already paid during the year, bringing total dividend to Rs. 24.25 per share. Gross Refining Margin improved significantly to US $8.79/BBL from US $5.74/BBL year-on-year. Crude throughput was 26.04 MMT. Record date for the dividend is August 14, 2026, subject to shareholder approval at the AGM. No defaults on loans or debt securities were reported. The auditors issued unmodified opinions on both standalone and consolidated financial results.
Strong profit growth (up 133%) and improved refining margins are positive for shareholders. Higher total dividend of Rs. 24.25 per share reflects robust cash generation. However, foreign exchange losses of Rs. 2,491 crore remain a concern.