💨 Abstract

Indian refiner Hindustan Petroleum Corp Ltd (HPCL) reported a smaller-than-expected rise in Q3 profit, due to lower marketing margins and losses in LPG segment. HPCL's net profit rose to 30.23 billion rupees ($350 million), falling short of Street expectations of 31.34 billion rupees. Global crude oil prices rose 4% in the quarter ended Dec.31

Courtesy: theprint.in

Summarized by Einstein Beta 🤖