HPCL’s Q1 FY26 PBT soared 1,136.44% YoY, supported by higher crude throughput, improved margins, and steady sales growth.

• Net sales fell 2.72% YoY to Rs 1,10,212.61 crore despite increased crude throughput and refined product sales volumes.
• Operating margin rose to 5.04% from 0.54%, while net profit margin improved to 3.64% from 0.29% YoY.
• Board approved raising to Rs 10,000 crore via NCDs, bonds, or notes in domestic and international markets.