Hindustan Petroleum Corporation has reported results for third quarter ended December 31, 2013.
The company has reported a net loss of Rs 1733.91 crore for the quarter as compared to net profit of Rs 147.11 crore for the same quarter in the previous year. However, total income of the company has increased by 3.79% at Rs 55651.51 crore for quarter under review as compared to Rs 53618.52 crore for the quarter ended December 31, 2012.
HPCL operates two major refineries producing a wide variety of petroleum fuels and specialties, one in Mumbai (west coast) of 6.5 million metric tonnes per annum (MMTPA) capacity and the other in Vishakapatnam, (east coast) with a capacity of 7.5 MMTPA.
The company has reported a net loss of Rs 1733.91 crore for the quarter as compared to net profit of Rs 147.11 crore for the same quarter in the previous year. However, total income of the company has increased by 3.79% at Rs 55651.51 crore for quarter under review as compared to Rs 53618.52 crore for the quarter ended December 31, 2012.
HPCL operates two major refineries producing a wide variety of petroleum fuels and specialties, one in Mumbai (west coast) of 6.5 million metric tonnes per annum (MMTPA) capacity and the other in Vishakapatnam, (east coast) with a capacity of 7.5 MMTPA.
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