Integrated Filing — IndAS

General information about company
Scrip Code	500104
NSE Symbol	HINDPETRO
MSEI Symbol	NOTLISTED
ISIN	INE094A01015
Name of company	Hindustan Petroleum Corporation Limited
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	06-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	23-Apr-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Single segment
Description of single segment	Downstream Petroleum Sector
Start date and time of board meeting	06-May-2025   14:00:00
End date and time of board meeting	06-May-2025   17:00:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion
Whether the company has any related party?	Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public	NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.	NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	Yes
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?	Yes
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?	Yes
Latest Date on which RPT policy is updated	2025-03-04
Indicate Company website link for updated RPT policy of the Company	https://www.hindustanpetroleum.com/documents/pdf/HPCL_RPT_Policy_New.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?	No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	Yes

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	1183336100000	4663456500000
	Other income	7925200000	24164400000
	Total income	1191261300000	4687620900000
2	Expenses
(a)	Cost of materials consumed	387956900000	1461636800000
(b)	Purchases of stock-in-trade	608060800000	2474911900000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-16546800000	9468600000
(d)	Employee benefit expense	8679500000	33354500000
(e)	Finance costs	7087400000	33109100000
(f)	Depreciation, depletion and amortisation expense	15831100000	60900100000
(f)	Other Expenses
1	Excise Duty	88412400000	326175100000
2	Other Expenses	48735700000	191850100000
	Total other expenses	137148100000	518025200000
	Total expenses	1148217000000	4591406200000
3	Total profit before exceptional items and tax	43044300000	96214700000
4	Exceptional items	0	0
5	Total profit before tax	43044300000	96214700000
6	Tax expense
7	Current tax	8577200000	17708700000
8	Deferred tax	1888200000	5899000000
9	Total tax expenses	10465400000	23607700000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	970900000	1041600000
11	Net Profit Loss for the period from continuing operations	33549800000	73648600000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	33549800000	73648600000
17	Other comprehensive income net of taxes	-1855800000	-935400000
18	Total Comprehensive Income for the period	31694000000	72713200000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	21278200000	21278200000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		438300900000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	15.77	34.61
	Diluted earnings (loss) per share from continuing operations	15.77	34.61
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	15.77	34.61
	Diluted earnings (loss) per share from continuing and discontinued operations	15.77	34.61
24	Debt equity ratio	0.0138	0.0138
25	Debt service coverage ratio	0.0483	0.0132
26	Interest service coverage ratio	0.0701	0.0442
27	Disclosure of notes on financial results		1. The Audit Committee in its meeting held on May 05, 2025 has reviewed and recommended these results and the same have been subsequently approved by the Board of Directors in its meeting held on May 06, 2025. n2. The Financial Results have been audited by the Statutory Auditors as required under Regulation 33 and 52 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Statutory Auditors have issued unmodified opinion on the Standalone Financial Results for the quarter and year ended March 31, 2025. n3. The Audited Financial Statements are subject to supplementary audit by the Comptroller & Auditor General of India under section 143 (6) of the Companies Act, 2013. n4. Average Gross Refining Margin (GRM) during the year ended March 31, 2025 was US $ 5.74 per BBL as against US $ 9.08 per BBL during the corresponding previous year. This is before factoring-in the impact of Special Additional Excise Duty and Road & Infrastructure Cess levied, w.e.f. 01st July 2022, on export of select petroleum products. n5. The Board of Directors in this meeting recommended the final dividend of Rs. 10.50/- per equity share having face value of Rs. 10/-, subject to approval by the members of the Corporation. n6. The MoPNG, vide letter dated 30th April, 2020 had conveyed, inter alia, to Oil Marketing Companies (OMCs) that in case Market Determined Price (MDP) of LPG Cylinders is less than the Effective Cost to Consumer (ECC), OMCs will retain the difference in a separate buffer account for future adjustment. The Corporation has negative buffer of Rs. 10,894.53 Crore as on 31st March, 2025 (31st March, 2024 : Rs. 98.70 Crore). In the absence of authorisation from GOI, receivable and revenue to the extent of negative buffer has not been recognised. n7. Other Expenses for the year 2024-25 includes Rs. 449.70 Crore (2023-24 : Rs. 257.72 Crore) towards loss on account of foreign currency transactions and translations. n8. During the quarter ended 30th June, 2024 the Corporation had allotted 70,92,74,172 equity shares as bonus shares, in the ratio of one equity share of Rs. 10/- each for every two equity shares of Rs. 10/- each held. Accordingly, the Earning Per Share (EPS) for earlier periods presented is restated. n9. The figures for the quarter ended March 31, 2025 and March 31, 2024 represent the difference between the audited figures in respect of full financial year and the unaudited figures of nine months ended December 31, 2024 and December 31, 2023, respectively. n10. Segment information is disclosed in Consolidated Financial Results. n11. STATEMENT OF STANDALONE ASSETS AND LIABILITIES AS ON : Table n12. STANDALONE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED : table n13. Additional Disclosures as per SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015: Table n14. Previous period figures have been regrouped, wherever necessary. n

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	802808600000
	Capital work-in-progress	177404800000
	Investment property
	Goodwill	0
	Other intangible assets	11068600000
	Intangible assets under development	319900000
	Biological assets other than bearer plants
	Investments accounted for using equity method
	Non-current financial assets
	Non-current investments	209823200000
	Trade receivables, non-current
	Loans, non-current	51489400000
	Other non-current financial assets	4582000000
	Total non-current financial assets	265894600000
	Deferred tax assets (net)
	Other non-current assets	29956500000
	Total non-current assets	1287453000000
2	Current assets
	Inventories	381456600000
	Current financial asset
	Current investments	32524900000
	Trade receivables, current	117960200000
	Cash and cash equivalents	801300000
	Bank balance other than cash and cash equivalents	866500000
	Loans, current	1185000000
	Other current financial assets	27550000000
	Total current financial assets	180887900000
	Current tax assets (net)
	Other current assets	12063400000
	Total current assets	574407900000
3	Non-current assets classified as held for sale	92200000
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	1861953100000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	21282100000
	Other equity	438300900000
	Total equity attributable to owners of parent	459583000000
	Non controlling interest
	Total equity	459583000000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	316672300000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
	Total Trade payable
	Other non-current financial liabilities	38713100000
	Total non-current financial liabilities	355385400000
	Provisions, non-current	2032400000
	Deferred tax liabilities (net)	77571400000
	Deferred government grants, Non-current
	Other non-current liabilities	8744600000
	Total non-current liabilities	443733800000
	Current liabilities
	Current financial liabilities
	Borrowings, current	316561400000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	8575900000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	288124900000
	Total Trade payable	296700800000
	Other current financial liabilities	245414000000
	Total current financial liabilities	858676200000
	Other current liabilities	64005200000
	Provisions, current	34011100000
	Current tax liabilities (Net)	1943800000
	Deferred government grants, Current
	Total current liabilities	958636300000
3	Liabilities directly associated with assets in disposal group classified as held for sale
4	Regulatory deferral account credit balances and related deferred tax liability
	Total liabilities	1402370100000
	Total equity and liabilites	1861953100000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
	Total Segment Revenue
	Less: Inter segment revenue
	Revenue from operations
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
	Total Profit before tax
	i. Finance cost
	ii. Other Unallocable Expenditure net off Unallocable income
	Profit before tax
3	(Segment Asset - Segment Liabilities)
	Segment Asset
	Total Segment Asset
	Un-allocable Assets	null	null
	Net Segment Asset	null	null
4	Segment Liabilities
	Segment Liabilities
	Total Segment Liabilities
	Un-allocable Liabilities	null	null
	Net Segment Liabilities	null	null
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Items that will not be reclassified to profit or loss	-3128900000	-1901700000
	Total Amount of items that will not be reclassified to profit and loss	-3128900000	-1901700000
2	Income tax relating to items that will not be reclassified to profit or loss	-595600000	-251800000
3	Amount of items that will be reclassified to profit and loss
1	Items that will be reclassified to profit or loss	905300000	954800000
	Total Amount of items that will be reclassified to profit and loss	905300000	954800000
4	Income tax relating to items that will be reclassified to profit or loss	227800000	240300000
5	Total Other comprehensive income	-1855800000	-935400000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			96214700000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			33109100000
	Adjustments for decrease (increase) in inventories			-41829500000
	Adjustments for decrease (increase) in trade receivables, current			-24748900000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-13481400000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			35301000000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			0
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			60900100000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			331900000
	Adjustments for provisions, current			-13300000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			654300000
	Adjustments for dividend income			3832200000
	Adjustments for interest income			3293600000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			-277900000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			-131500000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			42688100000
	Net cash flows from (used in) operations			138902800000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			-3853800000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			142756600000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			21039600000
	Purchase of property, plant and equipment			88539000000
	Proceeds from sales of investment property			-4584300000
	Purchase of investment property			57400000
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			121300000
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			38250000000
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			3832200000
	Interest received			3614700000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) investing activities	-102822900000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			104032300000
	Repayments of borrowings			83578400000
	Payments of lease liabilities			0
	Dividends paid			23362600000
	Interest paid			41347800000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-44256500000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-4322800000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			-4322800000
	Cash and cash equivalents cash flow statement at beginning of period			-62175400000
	Cash and cash equivalents cash flow statement at end of period			-66498200000