HPCL posts Rs 2,475.7 crore net loss in Q2The company registered a net loss of Rs 2,475.69 crore in July-September
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Hindustan Petroleum Corporation Ltd. Credit: DH File Photo
Hindustan Petroleum Corporation Ltd (HPCL) on Thursday reported second straight quarterly loss as it held prices of petrol, diesel and LPG despite rising costs.
The company registered a net loss of Rs 2,475.69 crore in July-September, according to a company's filing with the stock exchanges.
HPCL had posted Rs 1,918.89 crore net profit in the same period a year back.
Revenue was up 30 per cent to Rs 1.13 lakh crore.