HPCL posts Rs 2,475.7 crore net loss in Q2

Hindustan Petroleum Corporation Ltd. Credit: DH File Photo

Hindustan Petroleum Corporation Ltd (HPCL) on Thursday reported second straight quarterly loss as it held prices of petrol, diesel and LPG despite rising costs.

The company registered a net loss of Rs 2,475.69 crore in July-September, according to a company's filing with the stock exchanges.

HPCL had posted Rs 1,918.89 crore net profit in the same period a year back.

Revenue was up 30 per cent to Rs 1.13 lakh crore.