Hindustan Petroleum Corporation Limited

Petroleum House, 17 Jamshedji Tata Rd.
Mumbai, 400 020, India
Phone: +91-22-2286-3900
Fax: +91-22-2287-2992
http://hindustanpetroleum.com

Overview

Hindustan Petroleum is India's second-largest oil refiner (Indian Oil is #1, Bharat Petroleum is #3) and accounts for more than 16% of the country's total refining requirements. The company has two major refineries -- one in Mumbai, the other in the southern Indian city of Vishakapatnam -- and produces lubricants, aviation fuel, liquefied petroleum gas, and light diesel oil. Hindustan Petroleum also holds a 17% stake in a refinery at Mangalore and is establishing another refinery in the state of Punjab. Other businesses include pipelines, a lube refinery (with a 40% share of the lube oil market), and 8,330 gas stations nationwide. The Indian government owns 51% of the company, which was established in 1974.

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Key Numbers from Hoover's UK

Key financials for Hindustan Petroleum Corporation Limited

Company Type Public (Mumbai: HPCL)
Fiscal Year-End March
2008 Sales (mil.) £12,098.8
1-Year Sales Growth 21.1%
2008 Net Income (mil.) £142.4
1-Year Net Income Growth (21.5%)
2008 Employees 10,949
1-Year Employee Growth 0.5%
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Key People from Hoover's UK

Key people and executives for Hindustan Petroleum Corporation Limited

Chairman and Managing Director Arun Balakrishnan
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Director Finance Shri B. Mukherjee
Director Marketing and Director S. Roy Choudhury
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Top Competitors from Hoover's UK

Top competitors of Hindustan Petroleum Corporation Limited

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