HPCL net profit slips 9% amid volatile crude prices in Q2
HPCL’s gross refining margin rose sharply to $32.15 per barrel during the quarter | Photo Credit: The Hindu State-owned Hindustan Petroleum Corporation Ltd. (HPCL) reported a 9% year-on-year (YoY) decline in standalone net profit to ₹3,483 crore in the second quarter, amid volatility in benchmark crude oil prices following the reignited conflict in West Asia….
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