sector: Energy ·
industry: Oil & Gas Refining & Marketing ·
As of
24 Nov 2009
347.90INR
Hindustan Petroleum Corporation Limited (HPCL) is an India-based integrated oil refining and marketing company. The Company operates in two business segments: Downstream, and exploration and production of hydrocarbons. The Downstream segment is engaged in refining and marketing of petroleum products. The Company has two refineries located at Mumbai and Vishakapatnam. HPCL holds an equity stake of 16.95% in Mangalore Refinery & Petrochemicals Ltd. CREDA-HPCL Biofuel Limited is a subsidiary of HPCL.
BRIEF: For the fiscal year ended 31 March 2009, Hindustan Petroleum Corporation Limited's revenues increased 17% to RS1.291T. Net income decreased 44% to RS7.57B. Revenues reflect increased income from Downstream Petroleum segment. Net income was offset by higher purchase of products for resale, decreased other income and an increase in income tax expense. The Company is into petroleum exploration and refining.
Hindustan Petroleum Corporation Limited
Petroleum House
17, Jamshedji Tata Road
Mumbai 400 020
P: +9122.22863900
F: +9122.22872992