Hindustan Petroleum Corporation (HPCL) has achieved domestic sales volume of 9.82 MMT in Q1FY20 with a growth of 1.7% over historical. The sales of Motor Spirit (Petrol) increased by 8.4%, High Speed Diesel by 1.7%, Value Added Lubes by 11% and Bitumen by 13% as compared to Q1 of 2018-19.
HPCL is an Indian state-owned oil and natural gas company with its headquarters at Mumbai, Maharashtra. It has about 25% marketing share in India among PSUs and a strong marketing infrastructure.