Refining margins would have been higher had contamination incident not happened: HPCL CMD
The Hindustan Petroleum had informed that consolidated net profit rose by approximately 57.7% on a year-over-year basis to ₹4,011 crore in the December-end quarter fuelled an improvement in gross refining margins during the period. File | Photo Credit: Reuters Hindustan Petroleum’s gross refining margins (GRM) in the quarter ended December 31, 2025 would have been higher…

