Hindustan Petroleum Corporation (HPCL) has reported that its company-wide EBITDA improvement programme, Project Samridhi, added $0.54 per barrel to earnings across its marketing operations in fiscal year 2026.
The state-run oil marketing company (OMC) stated that the initiative surpassed its internal targets, driven by structured improvements in operational efficiency and cost management.
The per-barrel margin expansion underscores the effectiveness of HPCL's focus on optimizing its downstream value chain.
By embedding disciplined cost controls and process enhancements across its network, the company has managed to boost profitability without relying solely on volume growth or favorable crude price movements.
This operational leverage is critical for Indian OMCs navigating a competitive retail fuel landscape.
Project Samridhi represents a strategic shift toward sustainable margin enhancement.