HPCL Q4 net dips by 85%
New Delhi, May 26, PTI:
Hindustan Petroleum Corp Limited (HPCL), on Wednesday, reported 85 per cent dip in its net profit in the quarter ended March 31, 2010 (Q4) to Rs 757.53 crore from Rs 5,104.04 crore in Q4 2009.
Sales climbed to Rs 29,429.68 crore as against Rs 24,875.02 crore a year ago.
In the 2009-10 fiscal, net profit surged to Rs 1,301.37 crore as opposed to Rs 574.98 crore, he said.
Sales, however, declined to Rs 108,598.68 crore compared to Rs 116,427.83 crore in the 2008-09 fiscal.
