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Hindustan Oil Exploration Company Limited was incorporated in 1983, It is engaged in the exploration, development and production of crude oil and natural gas in India, both onshore and offshore. The company is India's first private E&P company and its assets are geographically spread across Tamil Nadu, Maharashtra, Gujarat, Assam and Arunachal Pradesh (both offshore and onshore).
Here's a concise summary for Hindustan Oil Exploration Company Limited (HOEC): HOEC's Q1 FY27 consolidated revenue was ₹124.01 Cr, with net profit at ₹6.24 Cr. Performance was affected by a ₹260 Cr crude sales dispute with HPCL, now resolved through third-party sales. While B80 production reduced, Kharsang successfully doubled oil...
HOEC (Hindustan Oil Exploration Company) saw challenging FY26 financials with consolidated revenue at ₹301.3 Cr (-34.4% YoY), EBITDA at ₹124.5 Cr (-50% YoY), and PAT at ₹62.8 Cr (-57.4% YoY). This was largely impacted by a crude quality dispute with HPCL that held up ~₹260 Cr in sales revenue, deferring...
**Q2 FY 2024-25 Financial Highlights** Hindustan Oil Exploration Company (HOEC) reported a total revenue of ₹99.58 Cr for Q2 FY 2024-25, a decline from ₹146.75 Cr in the previous quarter. The revenue from operations was ₹94.81 Cr, down from ₹136.15 Cr sequentially. Total expenses decreased to ₹86.17 Cr from ₹98.25...