Hindustan Oil Exploration Company's Q1 FY 2026-27 Quarterly Results

Result Summary

• Hindustan Oil Exploration Company Ltd reported a 167.4% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 64.8%.
• Its expenses for the quarter were down by 161.4% QoQ and up 84.4% YoY.
• The net profit decreased 19.7% QoQ and decreased 85.8% YoY.
• The earnings per share (EPS) of Hindustan Oil Exploration Company Ltd stood at 0.47 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Hindustan Oil Exploration Company Ltd is an Indian-based company primarily engaged in the exploration and production of hydrocarbons, including oil and natural gas. Operating within the energy sector, the company is focused on the upstream segment of the oil and gas industry. Hindustan Oil Exploration Company Ltd undertakes activities such as the acquisition, exploration, development, and production of oil and gas resources. The company’s operations are centered in India, where it holds various licenses and interests in oil and gas blocks. As of the latest available data, there are no recent major developments or announcements about the company.

Revenue

For Q1FY27, Hindustan Oil Exploration Company Ltd reported a total income of ₹134.34 crores. This represents a substantial increase compared to the ₹81.51 crores reported in Q1FY26, reflecting a year-over-year (YoY) growth of 64.8%. However, compared to the previous quarter (Q4FY26), where the company recorded a negative total income of ₹-199.18 crores, the figures show a recovery with a quarter-over-quarter (QoQ) change of -167.4%. This indicates a notable improvement in revenue generation for Q1FY27. Such fluctuations in revenue are typical in the oil and gas industry due to factors like commodity price volatility and production changes.

Profitability

In terms of profitability, Hindustan Oil Exploration Company Ltd recorded a Profit Before Tax (PBT) of ₹6.55 crores for Q1FY27. This is a decline from both the preceding quarter Q4FY26, which saw a PBT of ₹9.01 crores, and the same quarter in the previous year, Q1FY26, which reported a significantly higher PBT of ₹44.74 crores. The YoY decline in PBT is 85.4%, while the QoQ decline is 27.3%. The company's Profit After Tax (PAT) for Q1FY27 was ₹6.24 crores, down from ₹7.77 crores in Q4FY26 and ₹43.87 crores in Q1FY26, reflecting a YoY decrease of 85.8% and a QoQ decrease of 19.7%. Earnings Per Share (EPS) has also decreased to ₹0.47 in Q1FY27 from ₹3.32 in Q1FY26, marking an 85.8% YoY decline.

Operating Metrics

The total expenses for Hindustan Oil Exploration Company Ltd in Q1FY27 amounted to ₹127.79 crores, showing an increase from ₹69.29 crores in Q1FY26, which represents an 84.4% increase YoY. However, compared to the previous quarter Q4FY26, where expenses were reported as ₹-208.19 crores, there is a QoQ change of -161.4%, indicating stabilization in the company's expenditure. This period's tax expense was ₹0.32 crores, lower than both the previous quarter and the same quarter last year, which were ₹1.24 crores and ₹0.87 crores, respectively, showcasing a 63.2% YoY decrease and a 74.2% QoQ decrease. These figures reflect the company's efforts in managing its operational costs and tax liabilities amid the fluctuating income levels typical in the energy sector.