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Home / Business / HPCL reports 22.4 per cent year-on-year decline in net profit

HPCL reports 22.4 per cent year-on-year decline in net profit

The company had reported a profit of Rs 1,795 crore in the preceding June quarter
Representational image.
Representational image.
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Our Special Correspondent   |   New Delhi   |   Published 03.11.21, 01:39 AM

State-owned refiner HPCL has reported a 22.4 per cent year-on-year decline in its net profit at Rs 1,923.5 crore during the July-September quarter against Rs 2,477.45 crore a year ago. The company had reported a profit of Rs 1,795 crore in the preceding June quarter. Total income rose 41 per cent to Rs 87,310.6 crore during the quarter, while expenses rose 44.9 per cent to Rs 85,688.6 crore.

Dabur profit up 4.6%

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FMCG major Dabur India reported a 4.64 per cent rise in consolidated net profit at Rs 505.31 crore for the September quarter backed by a double-digit volume growth in the domestic market. The company had posted a profit of Rs 482.86 crore a year ago.

Revenue from operations was up 11.98 per cent at Rs 2,817.58 crore against Rs 2,516.04 crore a year ago.

JSPL net up three-fold

Steel maker JSPL reported a nearly three-fold rise in consolidated net profit to Rs 2,584 crore during the September quarter, mainly on account of increased income, up from Rs 897 crore in the year-ago period. Total income rose to Rs 13,615 crore from Rs 8,295 crore a year ago. 

Its expenses increased to Rs 10,109 crore against Rs 7,066 crore in the year-ago period.

On a standalone basis, JSPL posted a net profit of Rs 2,711 crore, higher than Rs 998 crore in the year-ago period. Its income increased to Rs 13,280 crore from Rs 7,871 crore. The company's standalone expenses during the period were Rs 9,655 crore against Rs 6,546 crore in the year-ago quarter.



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