Oil marketing company HPCL reported a 30 percent rise quarter on quarter in its net profit at Rs 4,371 crore on a flat revenue of Rs 1.10 lakh crore, the OMC said in an exchange filing on August 7. The margin grew at 6.9 percent as compared to 5.3 percent QoQ.

Shares of the OMC ended higher recovering sharply from lows of the day, in line with the broader market trend.

During FY25, HPCL's capex was at Rs 14,500 crore, with FY26 capex guided at Rs 13,000–14,000 crore with an eye on completing ongoing projects.