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Hindustan Petroleum Reports Decline in Fiscal Q4 Crude Throughput

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Indian state-owned energy company and refiner Hindustan Petroleum on Wednesday reported fiscal Q4 crude throughput of 6.43 million metric tonnes, down from 6.74 MMT in the corresponding quarter last year.

For the financial year ended March 31, the company reported crude throughput of 26.04 MMT, up from 25.27 MMT in the year-ago period.

In Q4, the company reported domestic sales of 12.43 MMT, up from 12.11 MMT for the same period last year. For the fiscal year, domestic sales stood at 48.53 MMT, up from 47.29 MMT in the year before.

For Q4, exports stood at 0.57 MMT, down from 0.59 MMT in the year-ago period, with the figure rising to 2.92 MMT for the fiscal year ended March 31, up from 2.53 MMT in the previous year.

The company reported Q4 pipeline throughput of 6.48 MMT, down from 6.61 MMT in the year-ago period. For the full year, pipeline throughput was reported at 25.54 MMT, down from 26.90 MMT in the year-ago period.

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