HPCL Q2 Results: Net profit slumps 98% YoY to Rs 143 crore, revenue rises 5%

State-owned fuel retailer Hindustan Petroleum Corporation (HPCL) announced on Friday that its consolidated net profit plummeted 97.5% year-on-year, dropping to Rs 142.67 crore from Rs 5,826.9 crore in the same quarter of the previous fiscal year.