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23-May2018

Hindustan Petroleum Corporation reports 4% fall in Q4 net profit

Hindustan Petroleum Corporation has reported results for fourth quarter and year ended March 31, 2018. 

The company has reported a fall of 3.90% in its net profit at Rs 1,747.89 crore for the quarter ended March 31, 2018 as compared to Rs 1,818.79 crore for the same quarter in the previous year. However, total income of the company increased by 13.18% at Rs 66,983.67 crore for quarter under review as compared to Rs 59,183.68 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the company has posted a rise of 2.39% in its net profit at Rs 6,357.07 crore as compared to Rs 6,208.80 crore for the same period in the previous year. Total income of the company increased by 14.22% at Rs 2,45,934.58 crore for year under review as compared to Rs 2,15,317.90 crore for the period ended March 31, 2017.



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