Latest news with #HindustanPetroleumCorporationLimited


NDTV
19-05-2025
- Business
- NDTV
Hindustan Petroleum Corporation Hiring For 103 Positions, Monthly Salary Up To Rs 1.20 Lakh
HPCL Junior Executive Recruitment 2025: Hindustan Petroleum Corporation Limited (HPCL) is currently accepting applications for 103 vacancies for the post of Junior Executive. Candidates with a diploma in the relevant field and aged below 25 years are eligible to apply. As per the schedule, the last date to submit the application is May 21, by 11.59pm. HPCL Junior Executive 2025: Selection Process Candidates will have to undergo the following stages to qualify for the Junior Executive post at HPCL: Computer-Based Test (CBT) Group Task/Group Discussion Skill Test Personal Interview Pre-Employment Medical Examination Physical Fitness Efficiency Test HPCL Junior Executive 2025: Application Fee And Salary An application fee of Rs 1,180 is applicable for candidates belonging to the Unreserved (UR), Other Backward Classes - Non-Creamy Layer (OBC-NCL), and Economically Weaker Section (EWS) categories. Selected candidates will receive a monthly salary ranging from Rs 30,000 to Rs 1,20,000. HPCL Junior Executive: Vacancies By Discipline Candidates can apply for the Junior Executive role in the following disciplines: Junior Executive (Mechanical) 11 Junior Executive (Electrical) 17 Junior Executive (Instrumentation) 06 Junior Executive (Chemical) 41 Junior Executive (Fire & Safety) 28 HPCL Junior Executive 2025: Category-Wise Vacancy


Time of India
09-05-2025
- Time of India
HC dismisses caste validity petition, imposes Rs10K fine for suppression of facts
Nagpur: The Nagpur bench of Bombay high court dismissed a plea challenging the denial of a Scheduled Tribe (ST) validity certificate by a member of the 'Halbi' community. It held that the petitioner suppressed material facts regarding his blood relative's caste status and imposed a cost of Rs10,000 for misleading both the scrutiny committee and the directed the petitioner, Murlidhar Khadge, to deposit the imposed cost with the High Court Legal Services Sub-Committee within four weeks. A division bench of Justices Nitin Sambre and Vrushali Joshi ruled that Khadge, an employee of Hindustan Petroleum Corporation Limited, failed to disclose that his close relative, Gajanan Khadge, previously obtained a caste validity certificate belonging to the Special Backward Class (SBC) 'Koshti' caste. This certificate was issued in 2014, and the familial connection was reflected in a family tree submitted in 2018, which was not petitioner cited a 1917 school record of his grandfather, Ukarda Kisanji, which identified Ukarda as 'Halbi', a recognised Scheduled Tribe. In an earlier writ petition in 2022, the court directed the scrutiny committee to verify this historical record through a Vigilance Cell and reconsider the petitioner's after being pointed out by additional govt pleader Sangeeta Jachak, the court found that Khadge withheld the critical fact of his relative's SBC status both during the earlier litigation and in proceedings before the scrutiny court observed that if Khadge's claim were accepted, it would result in members of the same family holding caste validity certificates for two different groups — 'Halbi' (ST) and 'Khosti' (SBC) —without adequate justification. It ruled that there was no credible explanation from the petitioner for the omission and referred to prior Supreme Court and HC judgments emphasizing that fraud vitiates all the scrutiny committee's Vigilance Cell unearthed historical records from 1917 and beyond that documented the caste of other paternal relatives, including the petitioner's father, cousin, and great-grandfather, as 'Koshti'. The court concluded that the burden of disproving these adverse entries lay on the petitioner, who failed to do so the petitioner's deliberate suppression of facts and the legal consequences of misleading quasi-judicial bodies, the court refused to interfere with the scrutiny committee's April 2, 2025 order rejecting the tribe claim.


Time of India
08-05-2025
- Business
- Time of India
No fuel shortage despite disruption in HPCL supply due to technical glitch: Dealers' association
Pune: Petrol pump dealers in the state on Thursday assured the public that there was no shortage of fuel despite a temporary disruption in supply from Hindustan Petroleum Corporation Limited because of a technical glitch in its SAP system.A Pune-based petrol dealer said, "The company's invoice system was down nationwide because of a technical glitch from Wednesday morning. Hindustan Petroleum Corporation Limited (HPCL) started manual invoicing by Thursday afternoon. Once manual invoicing began, its resumed loading vehicles."A press note issued by FAMPEDA (Federation of All Maharashtra Petrol Dealers' Association) president Amit Gupta said: "The fuel supply network of HPCL has been non-operational for the past 36 hours because of a technical failure in the SAP system. As a result of this issue, the supply from all HPCL depots across the country to petrol pumps has come to a halt, leading to disruption in fuel availability at many outlets."It added, "We appeal to the public not to panic. This is purely a technical glitch, and there is no shortage of petrol or diesel. Other companies like Indian Oil and Bharat Petroleum are supplying fuel smoothly, and fuel is readily available."Pune: Petrol pump dealers in the state on Thursday assured the public that there was no shortage of fuel despite a temporary disruption in supply from Hindustan Petroleum Corporation Limited because of a technical glitch in its SAP system.A Pune-based petrol dealer said, "The company's invoice system was down nationwide because of a technical glitch from Wednesday morning. Hindustan Petroleum Corporation Limited (HPCL) started manual invoicing by Thursday afternoon. Once manual invoicing began, its resumed loading vehicles."A press note issued by FAMPEDA (Federation of All Maharashtra Petrol Dealers' Association) president Amit Gupta said: "The fuel supply network of HPCL has been non-operational for the past 36 hours because of a technical failure in the SAP system. As a result of this issue, the supply from all HPCL depots across the country to petrol pumps has come to a halt, leading to disruption in fuel availability at many outlets."It added, "We appeal to the public not to panic. This is purely a technical glitch, and there is no shortage of petrol or diesel. Other companies like Indian Oil and Bharat Petroleum are supplying fuel smoothly, and fuel is readily available."
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Business Standard
07-05-2025
- Business
- Business Standard
HPCL share price rises 2% on posting Q4 results; PAT rises 11% QoQ
HPCL share price: Shares of Hindustan Petroleum Corporation gained 2 per cent in trade, logging an intraday high at ₹405 per share on BSE. The demand for the stock came after the company announced Q4 results along with dividend. At 11:51 AM, HPCL shares were trading 1.3 per cent higher at ₹402.05 per share on the BSE. In comparison, the BSE Sensex was down 0.06 per cent at 80,589.96. The market capitalisation of the company stood at ₹85,549.10 crore. The 52-week high of the stock was at ₹457.20 per share and the 52-week low of the stock was at ₹287.55 per share. In the past one year, HPCL shares have gained 15 per cent as against Sensex's rise of 9.6 per cent. HPCL Q4 results 2025 The state-run refiner posted its Q4 results on Tuesday after market hours. Its standalone net profit in the fourth quarter increased 11 per cent to ₹3,354.98 crore as compared to ₹3,022.9 in Q3FY25. The company's average gross refining margin - the profit from making refined products from one barrel of oil - rose to $8.44 per barrel for the reported quarter from $6.95 per barrel a year ago. Going ahead, the company is poised to leverage its robust infrastructure and market position to navigate the evolving energy landscape, the filing read. HPCL dividend 2025 The company's board recommended a final dividend of ₹10.5 per share on face value of equity shares of ₹10 each for financial year 2024-25. The record date for eligible shareholders is set as August 14, 2025. About HPCL Hindustan Petroleum Corporation Limited (HPCL) is a leading Indian public sector oil and gas company headquartered in Mumbai, Maharashtra. The company owns and operates two major refineries producing a wide variety of petroleum fuels and specialties, one in Mumbai (West Coast) of 7.5 Million Metric Tonnes Per Annum (MMTPA) capacity and the other in Visakhapatnam, (East Coast) with a capacity of 8.3 MMTPA.


Mint
06-05-2025
- Business
- Mint
HPCL Q4 Results: Navratna PSU posts 18% YoY rise in PAT to ₹3,355 crore, declares ₹10.50 dividend. Check details
HPCL Q4 Results: Oil marketing company (OMC) Hindustan Petroleum Corporation Limited (HPCL) on Tuesday, May 6, reported an 18% year-on-year growth in its standalone net profit for the January-March quarter of the financial year 2024-25 (Q4 FY25) to ₹ 3,355 crore. The figure stood at ₹ 2,843 crore in the corresponding quarter last fiscal. The total income for the quarter under review stood at ₹ 1,19,126 crore, 2.7% lower than ₹ 1,22,386 crore posted in the March quarter of FY24. However, the company added that it has a negative buffer of ₹ 10,894.53 crore on account of the difference in the market-determined price (MDP) of LPG cylinders and the effective cost to consumer (ECC) price. The Navratna PSU company said that MoPNG had asked OMCs to retain the difference in a separate buffer account for future adjustment. In the absence of authorisation from GOI, receivable and revenue to the extent of the negative buffer have not been recognised, HPCL said. The crude throughput for HPCL was 6.74 million metric tonne (MMT) during the quarter, compared to 5.84 MMT in the same period last year. The quarterly domestic market sales for the March 2025 quarter came in at 12.11 MMT versus 11.80 MMT in the March 2024 quarter. As for export sales, they amounted to 0.59 MMT as against 0.53 MMT on a YoY basis. Along with its financial results, the PSU oil company HPCL also announced the dividend of ₹ 10.50 per share for FY25. The company's board has fixed August 14, 2025, as the record date to determine eligibility of shareholders for the payment of the said dividend. According to Trendlyne data, HPCL has given an equity dividend amounting to ₹ 11.00 per share in the last 12 months, giving it a dividend yield of 2.77%. The company last announced a final dividend of ₹ 11 for which the record date was August 9, 2024. Ahead of the earnings announcement, HPCL share price closed the day 3.3% lower at ₹ 396.90 on the BSE.