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However, sequentially, the net profit of HPCL fell 14 percent from its April-June quarter profit of Rs 6,765.50 due to the spike in crude prices.
Revenue from operations worked out to Rs 1.02 lakh crore in the second quarter, compared to Rs 1.13 lakh crore last year.
HPCL shares settled at Rs 262.05 a piece on BSE on Monday, gaining 1.75 percent over the previous day’s close.
–Ajit Weekly News
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