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Hindustan Petroleum Corporation Restricted has registered gross sales of Rs. two, 15,675 crores for the year 2012-13 as against Rs. 1, 88,131 crores inside the earlier year representing an increase of over 14.6%. The sales of petroleum solutions in the domestic industry have been at an all time higher of 29.07 million tonnes through the year 2012-13, registering a rise of four.6% over the preceding year, as against the industry growth price of 3.6%. The pipeline thruput elevated to 14.04 million tonnes as in comparison with 13.62 million tonnes in the prior year.The refineries at Mumbai and Visakh processed 15.78 million tonnes of crude through the year. The combined GRM for the duration of the year was US $ two.08 / bbl.On the monetary front, the Profit immediately after Tax (PAT) for January - March, 2013 increased by 66% to Rs. 7,679 crores, up from Rs. 4,631 crores within the corresponding quarter of previous year. This was primarily simply because of higher compensation for under-recoveries through the quarter, greater advertising and marketing margins and greater inventory management.The Profit prior to Tax (PBT) for the complete year 2012-13 was also higher by 21% at Rs. 1,475 crores as in comparison to Rs. 1,219 crores inside the prior year. But, the Profit after Tax (PAT) for the complete year 2012-13 was Rs. 905 crores as when compared with Rs. 911 crores within the prior year, mainly due to higher provision for tax.For the year 2012-13,replica oakley sunglasses uk, HPCL has proposed a dividend of Rs. eight.50 per share. The dividend would result within a total payout of Rs. 337 crores such as dividend distribution tax.Throughout March, 2013, a Memorandum of Understanding (MoU) was signed amongst HPCL and Government of Rajasthan for establishing a state-of-the-art 9 MMTPA Refinery-cum-Petrochemical complicated in Barmer District of Rajasthan.The project are going to be setup in partnership of HPCL,Oakley Dispatch II Sunglasses, Government of Rajasthan and other people. The proposed refinery is going to be setup at an estimated capital investment of Rs. 37,230 Crores. The project is anticipated to take about four years for going on stream following receiving approval from Government of India.