Hindustan Petroleum Corporation (HPCL) has reported results for the second quarter ended September 30, 2013.
The company has reported a fall of 86.29% in its net profit at Rs 318.92 crore for the quarter as compared to Rs 2327.09 crore for the same quarter in the previous year. However, total income of the company has increased by 5.42% at Rs 52103.66 crore for quarter under review as compared to Rs 49423.91 crore for the quarter ended September 30, 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.
