HPL net rises by 95 per cent

Tuesday, May 15, 2007, 21:36 [IST]

Kolkata, May 15(UNI) Haldia Petrochemicals Ltd (HPL) has reported a 95 per cent increase in net profit at Rs 584 crore during 2006-07 from Rs 300 crore in the previous year.

The company's financial results which were announced today showed a 21 per cent growth in total income at Rs 8,376 crore during the period as against Rs 6,928 crore in 2005-06.

Operating profit shot up by 25 per cent to Rs 1421 crore as compared to Rs 1,138 crore in the previous year.

HPL Managing Director Swapan Bhowmik said the company was planning to expand its market share, increase production capacity and enhance competitiveness in future.

HPL is a joint venture project with Government of West Bengal, The Chatterjee Group, Tatas and Indian Oil Corporation as major stakeholders.

UNI

Topics: cals, ltd, (hpl), reported, 95, increase, net, profit, rs, 584, crore, 2006-07, fro

Other articles published on May 15, 2007

Rocks formed during quakes may be more abundant than previously reported

Saturday, January 31, 2009,14:55 [IST]

Washington, Jan 31 (ANI): A new research has suggested that rocks formed only under the extreme heat and friction during earthquakes, called pseudotachylytes, may be more abundant than previously reported.The new research, focused on eight faults found in the Sierra Nevada in the US.Geologists have previously debated whether these rocks are rarely produced or not based on an apparent absence in the rock record, most likely brought about by the difficulty in identifying them.Only a small.....

Brit cops have reported 310 UFO sightings in past six years

Thursday, February 5, 2009,13:59 [IST]

London, Feb 05 (ANI): Brit police officers have reported a total of 310 UFO sightings in the past six years, says a new report.Gary Heseltine, a British Transport Police officer, has produced an annual report that has a record of UFO sightings by officers across the country since 2003.His latest report highlights 50 new cases involving 106 officers.This takes the total of individual sightings recorded to 310."Police officers are trained to give dispassionate, detailed.....

Limitless Updates

Business News

News Archives

Four ships damage a bridge in Surat, no casualties reported

Wednesday, February 11, 2009,18:26 [IST]

Surat, Feb 11 (ANI): A bridge connecting various industries in Surat was damaged after being hit accidentally by four ships on Wednesday.The Magdalla-Hazira bridge on the Tapti river in the state bore the brunt of the collision after four ships of the AGB shipyard hit it.No casualties were reported in the incident that took place at around 3:00 a.m.The authorities have stopped the flow of traffic while the investigation is on."The stability of the.....