Saturday, November 10, 2012

HPCL turns profitable with Q2 net profit at Rs 2,327 cr


State-controlled oil retailer Hindustan Petroleum Corporation (HPCL) has reported a net profit of Rs 2,327 crore in the second quarter of current financial year as against loss of Rs 3,364.5 crore in a year ago period.

Net sales increased 30.9 percent to Rs 48,463.9 crore from Rs 37,030.23 crore during the same period.

The stock fell 1.78 percent to close at Rs 301.45 on the Bombay Stock Exchange.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd


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