Hindustan Petroleum to give Q1 results on Jul 26

New Delhi, July 17: The board of Hindustan Petroleum Corporation will meet on July 26 to consider the financial results for the first quarter ended June 30, 2006.

A meeting of the Board of Directors will be held on July 26 to consider the unaudited financial results of the corporation for the first quarter, a company statement said.

Earlier this month, the company announced plans to spend about five billion dollar on raising capacity 77 per cent by 2010 to meet demand.

The company plans to increase capacity to 23mn metric tonnes a year by expanding existing plants and setting up a new unit in northern India.

UNI