Hindustan Petroleum reports earnings beat, shares rise 8.6%
pre-market1 source ↓written by the desknot a recommendation
- to ₹476
- 8.6%
- below expectations
- ₹1.0t
- surpassed forecasts
- 31%
- reaching
- ₹18.14
- in revenues
- ₹4.15t
Hindustan Petroleum Corporation Limited reported its second-quarter results, with shares climbing 8.6% to ₹476. Revenue was slightly below expectations at ₹1.0t, but earnings per share surpassed forecasts by 31%, reaching ₹18.14. Analysts now predict ₹4.15t in revenues for 2026, indicating a 3.5% decline year-on-year.
This earnings performance may boost investor sentiment and influence future trading strategies.
Not investment advice. For informational purposes only.