HINDUSTAN PETROLEUM CORPORATION LIMITED
Article Abstract:
The Hindustan Petroleum Corporation Limited of Mumbai has declared its unaudited financial results for the quarter ended June 30, 1998. Its reserves, as on March 31, 1998, were Rs4,090.96 crore. (ag) ------------------------------------------------------------ Unaudited financial results of Hindustan Petroleum Corporation Limited (Rs in crore) ------------------------------------------------------------ Particulars Quarter ended June 30 Year ended 1998 1997 31/3/1998* ------------------------------------------------------------ Gross sales 6,389.73 4,610.07 20,512.91 ------------------------------------------------------------ Net sales 5,353.85 3,598.54 14,382.75 ------------------------------------------------------------ Other income 39.88 30.01 334.62 ------------------------------------------------------------ Expenditure 5,047.13 3,294.30 13,314.36 ------------------------------------------------------------ Interest 21.03 28.44 84.98 ------------------------------------------------------------ Post-interest gross profit 325.57 305.81 1,318.03 ------------------------------------------------------------ DEPRECIATION LPG cylinders - 30.65 258.05 Others 39.31 33.07 132.02 ------------------------------------------------------------ Tax 77.29 75.05 226.80 ------------------------------------------------------------ Net profit 208.97 167.04 701.16 ------------------------------------------------------------ Equity 225.54 214.33 221.44 ------------------------------------------------------------ * : Audited ------------------------------------------------------------
Comment:
Posts net profit of Rs701.16 crore for FY1997-98
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
INDIAN OIL CORPORATION LIMITED
Article Abstract:
Indian Oil Corporation Limited (IOC) has posted a net profit of Rs1706.5 crore for the year ended March 31, 1998. It has declared a dividend of 50 percent for 1997-98 against 40 percent declared in 1996-97. (rk) --------------------------------------------------------- Audited Financial Results of Indian Oil Corporation Limited (Rs in crore) --------------------------------------------------------- Particulars year ended March 1998 March 1997 --------------------------------------------------------- Income from sales 59,832.08 62,152.52 --------------------------------------------------------- Other income 1,386.32 893.83 --------------------------------------------------------- Total expenditure 57,089.55 59,405.18 --------------------------------------------------------- Interest 1,126.15 1,075.77 --------------------------------------------------------- Depreciation 1,037.96 799.17 --------------------------------------------------------- Taxation 258.24 358.00 --------------------------------------------------------- Net profit 1,706.50 1,408.23 --------------------------------------------------------- Equity 389.28 389.27 --------------------------------------------------------- Earnings per share (Rs) 43.83 36.17 ---------------------------------------------------------
Comment:
Posts net profit of Rs1706.5 crore for year ended 3/31/98 & declares dividend of 50% for 1997-98
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
BHARAT PETROLEUM CORPORATION LIMITED
Article Abstract:
Bharat Petroleum Corporation Limited (BPCL) of Mumbai, a Navratna status public sector undertaking, has reported a 5.2 percent rise in its sales volume during April-December 1998. The sales were around 12.71 million tonnes (12.08 million tonnes during April- December 1997). During the period, it refined 6.63 million tonnes of crude (5.93 million tonnes of crude). BPCL has announced its unaudited financial results for the quarter ended December 31, 1998.(ag)(m)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: MIRC ELECTRONICS LIMITED BHARAT ELECTRONICS LIMITED RIDING THE BOOM - MIRC ELECTRONICS
- Abstracts: INDIA CEMENTS LTD THE INDIA CEMENTS LIMITED. MADRAS CEMENTS' PAT DIPS 57%
- Abstracts: TAX SOPS WILL CUT PRICES OF COMPUTER, SOFTWARE: IT COS SOFTWARE'S SUN ON THE RISE, HARDWARE GETS A RAW DEAL. GOVT MAY ALLOW 100% FDI IN INFOTECH SECTOR
- Abstracts: HYUNDAI SANTRO TO HIT ROAD IN OCT SANTRO OVERTAKES ZEN IN DEC SALES. SANTRO TO HIT S KOREAN ROADS THIS SUMMER
- Abstracts: ESCOTEL, BIRLA AT&T, TATA COMM MAY PREPAY ECBs. BHARTI ENTERPRISE PLANS TO EXTEND OPEN OFFER BHARTI, SRINIVAS CELLCOM SEEK TO CHANGE EQUITY STRUCTURE