Annual Report 2014-2015 of Hindustan Petroleum Corporation Limited

It is a broadly described annual report of Hindustan Petroleum Corporation Limited in the year of 2014-2015. The Company has contributed a sum of Rs. 40,752.42 Crores to the exchequer by way of duties and taxes, as compared to Rs. 36,423.47 Crores in 2013-14. During the financial year, Total assets of the Company stood at Rs. 67,550.64 Crore. During the year ended 31^st March 2015, The Company has achieved sales/income from operations of Rs. 2,17,061.11 Crores as compared to Rs. 2,32,275.82 Crores in 2013-14. The Company has earned the gross profit of Rs. 6,831.86 Crores as against Rs. 6,140.31 Crores in 2013-14 and profit after tax of Rs. 2,733.26 Crores as compared to Rs. 1,733.77 Crores in 2013-14. Earnings per share (EPS) of the Company for the year (Basic & Diluted) Rs. 80.72.

The Board of Directors of the Company has recommended a dividend of Rs. 24.50 per share for the year 2014-15 as against Rs. 15.50 per share paid for the year 2013-14. The dividend for 2014-15, including dividend tax provision will absorb Rs. 998.53 Crores (2013-14: Rs. 614.07 Crores).

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