Results - Announcements
Hindustan Oil Exploration Company Ltd share price slipped 1.94% to Rs 151.75. The Company's net profit surged by 202.24% to Rs 18.86 crore, while revenue from operations improved marginally 8.78% to Rs 124.21 crore in Q2FY27 over Q2FY26.
The market capitalization of Oil Exploration & Production industry group stocks on BSE stood at Rs 3.79 lakh crore, slipping 1.63%. It has improved by 1.55% over last one week and dipped slightly by 1.50% in last one month while the market capitalization of Hindustan Oil Exploration Company Ltd has eased by 1.20% and 2.54% in the same period respectively.
Profit before tax (PBT) of Hindustan Oil Exploration Company Ltd stood at Rs 19.2 crore in Q2 FY27, jumping 383.63% year-on-year, and expanding by 193.13% quarter-on-quarter. EBITDA came in at Rs 27 crore, rallying 33.22% YoY and nosediving by 284.92% sequentially.
Total expenses reduced by 15.44% to Rs 105.28 crore in Q2FY27 over Q2FY26. During the quarter, employee benefits expense was at Rs 1.87 crore, witnessing a strong rise of 81.55% YoY.
For FY26, revenue from operations plunged by 37.47% to Rs 263.15 crore, while net profit witnessed a sharp fall of 57.37% to Rs 62.75 crore, compared to previous FY. EBITDA soared by 9352% to Rs 93.11 crore, and PBT tumbled by 56.94% to Rs 64.57 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 177.84 crore in FY26, as against Rs 160.7 crore in FY25.
Hindustan Oil Exploration Company Ltd gained 0.56% in last one year, outperforming the benchmark BSE Sensex which has softened by 2.74% during the same period.
