HPCL gross revenue increases

HPCL achieves domestic market sales of 9.20 MMT, which is the highest sales volume achieved by it in a quarter

GN Bureau | August 22, 2017


#PSU   #HPCL   #gross revenue   #domestic market   #petrol   #diesel  

 Hindustan Petroleum Corporation Limited (HPCL) registered profit after tax of Rs 925 crore during the quarter first of April to June 2017.

Revenues for the quarter were Rs 59,891 crore against the previous year’s quarter first revenue of Rs 51,600 crore. 
 
It achieved combined crude throughput of 4.49 MMT with a capacity utilisation of 114 percent as against throughput of 4.48 MMT achieved during the first quarter of previous fiscal.
 
Both the refineries are supplying 100 percent BS IV grade petrol and diesel fuels with effect from April 1, 2017.
 
HPCL achieved domestic market sales of 9.20 MMT, which is the highest sales volume achieved by the enterprise in a quarter, representing an increase of 3.5 percent over the first quarter sales of 8.89 MMT during previous year.
 

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