HPCL-Mittal Pipelines reports standalone net profit of Rs 35.70 crore in the March 2022 quarter

Sales rise 78.66% to Rs 285.50 crore

Net profit of HPCL-Mittal Pipelines reported to Rs 35.70 crore in the quarter ended March 2022 as against net loss of Rs 8.60 crore during the previous quarter ended March 2021. Sales rose 78.66% to Rs 285.50 crore in the quarter ended March 2022 as against Rs 159.80 crore during the previous quarter ended March 2021.

For the full year,net profit rose 27.65% to Rs 229.00 crore in the year ended March 2022 as against Rs 179.40 crore during the previous year ended March 2021. Sales rose 30.61% to Rs 1165.60 crore in the year ended March 2022 as against Rs 892.40 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales285.50159.80 79 1165.60892.40 31 OPM %53.2445.12 -55.0455.05 - PBDT103.6043.90 136 527.10454.80 16 PBT50.50-10.70 LP 309.60241.30 28 NP35.70-8.60 LP 229.00179.40 28

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