Hindustan Petroleum Corporation (HPCL) shares surged greater than 4 per cent on Friday after the state-run firm posted an enormous bounce in internet revenue for the fourth quarter ended March 31, 2021. The firm posted a internet revenue of Rs 3,017.96 crore in March 2021 as in opposition to Rs 26.80 crore in March 2020, Hindustan Petroleum Corporation stated in a submitting to the inventory exchanges. At 12:50 am, HPCL shares had been buying and selling at Rs 278.40, larger by 4.4 per cent, on the BSE.
Meanwhile, HPCL reported a internet revenue of Rs 10,663.9 crore on a standalone foundation for the fiscal ended March 31, which is 304 per cent larger than the revenue posted a yr in the past.
The BSE Sensex and NSE Nifty had been buying and selling larger by 1.31 per cent on the time.