Hindustan Petroleum’s profit increased by 18% in the fourth quarter: Revenue was ? 1.18 lakh crore, company will give ? 10.5 dividend

Hindustan Petroleum Corporation Limited has earned a total of Rs 1.19 lakh crore in the fourth quarter of the financial year 2024-25. This is 2.45% less than last year. In the same quarter last year, the company had earned Rs 1.22 lakh crore. If expenses like salary, tax, price of raw material are removed from the total earnings, then the company is left with Rs 3,355 crore as net profit (standalone net profit). This is 18% more than the January-March quarter of 2024. Last year the company had a profit of Rs 2,843 crore. Revenue fell 2.47% to ? 1.18 lakh crore Hindustan Petroleum’s operational revenue stood at Rs 1.18 lakh crore in the fourth quarter. It has decreased by 2.47% on an annual basis. In January-March 2024, the company had generated a revenue of Rs 1.21 lakh crore. What is there for investors in the quarterly results? Along with the results of the fourth quarter, Bharat Petroleum has announced a final dividend of Rs 10.5 per share to each of its shareholders. Companies also give a part of their profits to their shareholders, which is called dividend. Are the company’s results better than expected? Market experts expected that the company’s profit would be Rs 1,682 crore in the fourth quarter of the financial year 2024-25. In this way, the company has performed better than the expectations of market analysts. Hindustan Petroleum stock rose 16% in one year Hindustan Petroleum stock fell by 3.04% today, it closed at Rs 397. The company’s stock has increased by 13% in the last one month. It has given a return of 2% in 6 months and 16% in one year. The market cap of the company is Rs 84.34 thousand crore.

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