Edition:
India

India's Hindustan Petroleum Corp March-Qtr Net Profit Rises


Monday, 20 May 2019 

May 20 (Reuters) - Hindustan Petroleum Corp Ltd ::MARCH QUARTER NET PROFIT 29.70 BILLION RUPEES VERSUS PROFIT OF 17.48 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR MARCH QUARTER PROFIT WAS 23.25 BILLION RUPEES.MARCH QUARTER GROSS SALE OF PRODUCTS 728.40 BILLION RUPEES VERSUS 663.51 BILLION RUPEES LAST YEAR.RECOMMENDED FINAL DIVIDEND OF 9.40 RUPEES PER SHARE.AVERAGE GRM DURING YEAR ENDED MARCH 2019 $5.01 PER BBL VERSUS $7.40 PER BBL LAST YEAR.