Hindustan Petroleum Corporation Limited has registered a turnover of INR 79,552 crores for the period April to September, 2011 as against INR 61,002 crores in the corresponding previous period an increase of 30%.

The domestic sales of petroleum products have increased to 13.27 million tonnes registering a growth of 7 % over the same period of previous year, as against the industry average growth of 4.4%. The sales of Petrol increased by 7.1% and that of Diesel by 13.2% over the first half of previous year the highest growth in the industry during this period.

The refineries at Mumbai and Visakh processed 8.16 million tonnes of crude during April to September, 2011 as against 6.33 million tonnes during April to September, 2010 a growth of about 29%.

On the financial front, the Corporation reported a loss of INR 3364.48 crores for the second quarter ended September 30th 2011 compared with a profit of INR 2089.61 crores in the same period last year, mainly due to absorption of higher under-recoveries on sale of sensitive petroleum products. The loss for the period April to September, 2011 was INR 6444.74 crores as against a profit of INR 205.32 crores for April to September, 2010.