Hindustan Petroleum Corporation (HPCL) experienced a significant growth in its financial performance for the fourth quarter of FY26, with standalone net profit rising 46.09% to ₹4,901.50 crore compared to ₹3,354.98 crore in the same quarter last year. The company's total income, excluding excise duty, grew by 4.97% to ₹1,15,782.23 crore. The profit before tax (PBT) also saw a substantial increase of 52.16%, reaching ₹6,549.84 crore. This growth was bolstered by an increase in gross refining margins, which jumped to $14.27 per barrel from $8.44 per barrel in Q4 FY25. Despite a 4.59% decline in crude throughput, sales including exports rose by 2.4%, with domestic sales increasing by 2.7%. HPCL's operating margin improved to 5.32%, and the net profit margin rose to 3.97%. The company has proposed a final dividend of ₹19.25 per equity share, alongside an interim dividend already paid. HPCL continues to invest in expanding its refining and marketing infrastructure, with a total capital expenditure of ₹4,611 crore in Q4 FY26.