To meet the 60-million-tonne target the company will have to set up yet another greenfield refinery
BK Namdeo said the refinery's reformer unit was shut on Sept. 1 due to a technical emergencies
The stock dipped 6% to Rs 1,144 on the BSE in intra-day trade.
Company's net revenue fell 5.7 per cent to Rs. 51,661.04 crore, compared to Rs. 54,822 crore during the Q1 of the previous FY
The stock rallied 10% to Rs 1,233, also its record high on the BSE in intra-day trade.
Profit was lower as the company provisioned Rs 215 cr for rise in lease rental by Delhi govt, HPCL chairman said
Company aims to raise its capacity to process about 500,000 barrels per day (bpd) of crude by investing around Rs 25,000 crores
HPCL will invest Rs 4,199 crore in expanding its Mumbai refinery capacity to 9.5 MTPA from current 6.5 MTPA