HPCL shares jump nearly 5% as net profit more than triples in Q3

Hindustan Petroleum Corporation Ltd (HPCL) shares surged nearly 5% after the company posted a more than threefold increase in December quarter net profit. The profit for Q3 FY25 stood at Rs 2,543.65 crore, up from Rs 712.84 crore year-on-year. The boost came from a significant rise in earnings from downstream fuel retailing, while overall income from operations remained steady.