The companys net worth as on December 31, 2003 stood at Rs 7,827 crore as compared to Rs 6,679 crore as on March 31, 2003.
For the nine-month period ended December 31, 2003, the company reported a 52.44 per cent increase in net profit at Rs 1,376.89 crore as against Rs 903.24 crore for the corresponding previous quarter. Net sales for the nine-month period was Rs 41,272.72 crore as compared to Rs 38,786.91 crore for the nine-month period last year, registering a 6.41 per cent growth. The refining thruput for the nine-month period ended December 31, 2003 was 10.2 million tonne, an increase of eight per cent as compared to the corresponding previous nine-month period. The companys market share has gone up from 20.1 per cent to 20.48 per cent.