HPCL Q4 net drops 40 pc on losses due to holding fuel prices

Posted on by cngpump
HPCL Chairman and Managing Director Pushp Kumar Joshi, at a media call, said the company earned USD 12.44 on turning every barrel of crude oil into fuel in the fourth quarter of fiscal 2021-22 as against a gross refining margin (GRM) of USD 8.11 per barrel in the same quarter a year back.

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