HPCL Gross Revenue increases by Rs.8291 Crores
Hindustan Petroleum Corporation Limited posted Profit After Tax of Rs. 925 Crores during April-June 2017. Revenues for the quarter were Rs. 59891 crore versus revenue of Rs. 51600 crore during the first quarter of the previous year. Gross Refinery Margins for the quarter is at $ 5.86/bbl vis-à-vis $ 6.83/bbl during corresponding quarter of previous year. Physical performance for the quarter is as under:-
- Achieved combined Crude Thruput of 4.49 MMT with a capacity utilization of 114 per cent as against thruput of 4.48 MMT achieved during the first quarter of previous financial year.
- Both the refineries are supplying 100 per cent BS IV grade Petrol and Diesel fuels w.e.f. 1st April 2017.
- Achieved Domestic Market Sales of 9.20 MMT, which is the highest sales volume achieved by the company in a quarter, representing an increase of 3.5 per cent over the first quarter sales of 8.89 MMT during previous year.