HPCL Q2 Results: Profit plummets 97.6% at Rs 142.67 crore

HPCL reported a 97.6% decline in profit at Rs 142.67 crore for Q2, attributed to suppressed marketing margins and lower refining margins. Despite this, the company’s total income increased by 5.6% to Rs 1,08,773.93 crore. It recorded a sales volume of 11.62 MMT and achieved a sales volume growth of 5.6% in the domestic market.