HPCL Dividend 2026: OMC declares Rs 19.25 payout as net profit zooms 77.5% in Q4 results - Check record date

State-owned Hindustan Petroleum Corporation Limited (HPCL) on Wednesday reported a strong rise in consolidated profit for the March quarter of the financial year 2025-26, aided by higher sales and improved operational performance on a year-on-year basis.

The OMC has also declared a dividend of 192.5 per cent along with quarterly results. The company has also announced the record date for determining shareholders eligible to receive the dividend.

HPCL Q4 Profit Jumps 77.58% YoY

The company posted a consolidated profit after tax (PAT) of Rs 6,065.26 crore in the January-March quarter of FY26, registering a growth of 77.58 per cent compared with Rs 3,415.44 crore in the corresponding quarter of the previous financial year.

HPCL’s consolidated total income during the fourth quarter rose 4.42 per cent year-on-year (YoY) to Rs 1,24,313.33 crore from Rs 1,19,055.05 crore in the same period last year. Revenue from the sale of products increased 4.45 per cent to Rs 1,23,164.02 crore in Q4 FY26 as against Rs 1,17,915.99 crore in the year-ago quarter.

Other operating revenue, however, declined 5.14 per cent to Rs 529.36 crore compared with Rs 558.05 crore reported in the March quarter of FY25. Total consolidated expenses during the quarter stood at Rs 1,17,959.83 crore, up 2.51 per cent from Rs 1,15,065.94 crore a year earlier.

Key Expense Heads Rise During Quarter

Among key expenditure heads, purchase of stock-in-trade rose to Rs 62,727.45 crore from Rs 60,829.77 crore, while finance costs increased to Rs 1,020.44 crore from Rs 756.88 crore in the year-ago quarter. Depreciation, amortisation and impairment expenses also rose to Rs 2,456.80 crore from Rs 1,623.24 crore.

QoQ Revenue And Expenses Decline Marginally

On a quarter-on-quarter (QoQ) basis, HPCL reported a marginal decline in revenue and expenses compared with the December quarter of FY26. Consolidated total income slipped 0.70 per cent from Rs 1,25,189.15 crore reported in the October-December quarter.

Revenue from the sale of products also declined 0.72 per cent sequentially from Rs 1,24,052.90 crore. Other operating revenue remained largely flat and fell marginally by 0.07 per cent from Rs 529.75 crore in the preceding quarter.

Total expenses declined 1.69 per cent quarter-on-quarter from Rs 1,19,993.14 crore, mainly due to lower inventory-related costs and moderation in some operating expenses. For the full financial year ended March 31, 2026, HPCL reported growth in consolidated income and sales, while keeping annual expenses broadly under control.

FY26 Income And Sales Register Growth

The company’s consolidated total income for FY26 rose 2.63 per cent to Rs 4,81,122.12 crore from Rs 4,68,811.53 crore in FY25. Revenue from the sale of products increased 2.60 per cent to Rs 4,76,728.11 crore compared with Rs 4,64,626.25 crore in the previous fiscal.

Other operating revenue during the financial year climbed 1.93 per cent to Rs 2,137.89 crore from Rs 2,097.43 crore a year ago. Meanwhile, total consolidated expenses for FY26 stood at Rs 4,58,976.59 crore, marginally lower by 0.16 per cent as against Rs 4,59,692.06 crore in FY25.

The company’s annual cost of materials consumed rose slightly to Rs 1,46,592.67 crore from Rs 1,46,337.31 crore, while employee benefit expenses remained almost stable at Rs 3,372.43 crore.

Finance costs for the full year increased to Rs 3,395.75 crore from Rs 3,365.48 crore, whereas depreciation and amortisation expenses rose to Rs 7,347.49 crore from Rs 6,154.10 crore in the previous financial year.

HPCL Announces Final Dividend

HPCL’s board has also recommended a final equity dividend of Rs 19.25 per equity share of face value Rs 10 each for FY26. The company has fixed August 14, 2026, as the record date for determining shareholders eligible to receive the dividend.

HPCL said the proposed final dividend is subject to shareholders’ approval at the ensuing annual general meeting (AGM). The dividend, if approved, will be paid within 30 days from the date of declaration at the AGM.