INSUBCONTINENT EXCLUSIVE:
Hindustan Petroleum Q3 Report: Total expenses surged 27.1 per cent in the quarter.State-owned refiner Hindustan Petroleum Corp (HPCL) on
Tuesday posted an 87.3 per cent slump in third-quarter profit, dented by higher expenses.Net profit came in at Rs 248 crore ($34.65 million)
Rs 66.65 crore, according to Refinitiv Eikon data.Domestic state-owned oil companies were forced to take a price cut in October which hurt
their margins, as the government wanted to cushion the impact of high crude oil price on the public.Total expenses surged 27.1 per cent in
