HPCL defers carveout of lubricants business, to focus on reducing debt
Published on: Nov. 5, 2025, 11:46 p.m. | Source: The Economic Times
Hindustan Petroleum Corporation Ltd has put lubricant business demerger plans on hold. The company is prioritizing debt reduction and strengthening its lubricant operations. HPCL aims to build the business further and expand its consumer base. This strategic shift focuses on enhancing shareholder value. The company is also looking at international markets like Sri Lanka for growth opportunities.
