HPCL Q4 net dips 85.16 percent

Submitted by admin4 on 26 May 2010 - 5:54pm

By IANS,

New Delhi : State-run Hindustan Petroleum Corp Ltd (HPCL) Wednesday said its net profit plummeted 85.16 percent to Rs.757.53 crore during January-March quarter from Rs 5,104.04 crore in the corresponding quarter a year ago.

The company's total income, however, increased by 24.2 percent to Rs.31,766.32 crore for the quarter ended March 2010 from Rs.25,577.63 crore in the year-ago period.

The oil marketing company's net profit stood at Rs.1,301.37 crore for the year ended March 2010 as against Rs.574.98 crore in previous fiscal, a whopping increase of 126.33 percent.

Its total Income, however, declined 13.03 percent from Rs.125,658.20 crore in 2008-09 to Rs.109,283.62 crore in 2009-10.

The Group posted a profit after tax of Rs.1,475.29 crore for 2009-10 against Rs.757.39 crore in previous financial year, registering a growth of 94.8 percent.

Post new comment

The content of this field is kept private and will not be shown publicly.
By submitting this form, you accept the Mollom privacy policy.

FREE REPRINTS

Unless otherwise noted, you can republish our articles for free. You just have to credit TwoCircles.net and link it back to us, and you can’t edit our material or sell it separately. (We're licensed under Creative Commons, which provides the legal details.). For publishing TwoCircles.net photos please contact info@twocircles.net.