Hindustan Petroleum Corporation Limited (HPCL) is an Indian state-owned oil and natural gas company with its headquarters at Mumbai, Maharashtra and with Navratna status:

As you asking here I am telling historical info of Hindustan Petroleum Corporation Limited (HPCL)

Hindustan Petroleum Corporation Limited (HPCL) was set up in 1974 after the takeover and merger of Erstwhile Esso Standard and Lube India Limited by the Esso (Acquisition of Undertakings in India) Act 1974.

Caltex Oil Refining (India) Ltd.- CORIL was taken over by Govt. of India. in 1976 and merged with Hindustan Petroleum Corporation Limited (HPCL) in 1978 by the CORIL-HPCL Amalgamation Order, 1978. Kosan Gas Company was merged with HPCL in 1979 by the Kosangas Company Acquisition Act, 1979.

Hindustan Petroleum Corporation Limited (HPCL) has been steadily growing over the years. The refining capacity increased from 5.5 million metric tonnes (MMT) in 1984/85 to 14.80 million metric tonnes as of March 2013. On the financial front, the net income form sales/operations grew from IN 2687 crores in 1984-85 to IN 2,06,529 crores in financial year 2012-13. During FY 2013-14, its net profit was IN 1740 crores.

Company profile :

Type Public

Traded as BSE: 500104, NSE: HINDPETRO

Industry Oil and Gas

Founded 1974

Headquarters Mumbai, Maharashtra India

Key people M K Surana (Chairman & MD)

Products Oil, natural gas, petroleum, lubricant, petrochemical

Revenue 212300 crore (US$32 billion) (2015)

Operating income 4697 crore (US$700 million) (2015)

Net income 1488 crore (US$220 million) (2015)

Total assets 46865 crore (US$7.0 billion) (2015)

Owner Government of India (51.11%)

Number of employees 11,226 (2012)