Hi I am interested in having the performance of Hindustan Petroleum Corporation Limited as well as the Balance sheet for the year 2015-2016?

The year 2015-16 saw Hindustan Petroleum Corporation Limited scale new statures and record its best ever execution, fundamentally outperforming the most noteworthy ever benefit and deals recorded amid the earlier year. The Profit after assessment expanded fundamentally by 41% to reach ` 3863 crore, in a turbulent year for the Oil Industry which saw low raw petroleum costs and ensuing weight on the budgetary wellbeing of Oil trading nations.

The normal Gross Refining Margin (GRM) from Mumbai and Visakh refineries dramatically increased from USD 2.84 for every barrel in 2014-15 to USD 6.68 for each barrel in 2015-16.

Utilization of all petroleum items, with the exception of SKO and Lubes, expanded in the nation amid 2015-16. Diesel was the fundamental driver of development representing the 40% of incremental request, trailed by Petrol and LPG.

Proceeding with the development drift from a year ago, Vital extension of pipeline system, wise development and patch up of essential dissemination system of Terminals and Depots coupled with vital authorizing of new dealerships /distributorships in earlier years helped us to use the chance of expanded request and increment our market deals (counting fares) to 34.21 million tons

Dividend

The Board, in its meeting held on February 01, 2016 proclaimed an interval profit of ` 11.50 for each share. Assist, the Board in its meeting hung on March 11, 2016 announced second Interim Dividend of ` 7.00 for each share. The aggregate break profit pronounced is ` 18.50 Per Share.

The Board of Directors, in the wake of considering the Financial Results of the Corporation amid the year, have suggested a last profit of ` 16.00 for each share. The aggregate profit for the year 2015-16 works out to ` 34.50 for each share as against ` 24.50 for every share for the year 2014-15.

The measure of profit totaling to ` 1,406.09 crores, comprehensive of ` 237.83 crores for Corporate Dividend Tax on appropriated benefits, should be apportioned from benefit after expense for the year.

Inner Resources Generation

The Internal Resources created amid the year were ` 5,830.28 crores when contrasted with ` 3,901.05 crores in 2014-15 on independent premise.



Balance Sheet of HPCL for the year 2015-2016