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News Details

27/08/2026 17:40

Hind.Oil Exploration Q1 net profit down 73.99% at Rs 12.54 cr

The company reported standalone net profit of Rs 12.54 crore for the quarter ended June 30, 2026 as compared to Rs 48.21 crore in the same period last year, registering a year-on-year decline of 73.99 per cent.

Net revenue of the company rose substantially by 40.50 per cent at Rs 107.62 crore in April-June quarter of this fiscal as against Rs 76.60 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 92.93 per cent to Rs 105.61 crore from Rs 54.74 crore in year ago period.

Other Income grew by 260.71 per cent at Rs 19.37 crore versus (Jun'25 Rs 5.37 crore).

Operating Profit slipped by 90.81 per cent to Rs 2.01 crore as against Rs 21.86 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 93.45 per cent in June quarter.

Interest declined by 24.93 per cent y-o-y to Rs 2.86 crore