Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Companies / HPCL net loss at Rs422 cr in December quarter
BackBack

HPCL net loss at Rs422 cr in December quarter

HPCL net loss at Rs422 cr in December quarter

Premium

New Delhi: Hindustan Petroleum Corp Ltd on Wednesday said its net loss has widened to Rs422 crore in the third quarter ended 31 December, 2008, from Rs15.74 crore a year ago.

Sales was increased to Rs29,386.67 crore in the October-December quarter as compared to Rs27,117.01 crore in the corresponding quarter a year ago, a company press release said here.

HPCL had reported a Rs3,218.92 crore net loss in the second quarter of current fiscal and cumulatively in the first nine months the net loss stood at Rs4,529.06 crore. This was against Rs750.36 crore net profit in the April-December period of the previous financial year.

Net sales increased to Rs99,598.21 crore as opposed to Rs73,233.15 crore.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 28 Jan 2009, 03:56 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App

Chat with MintGenie