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Notes:
1. The above results have been reviewed and recommended
by the Audit Committee and approved by the Board of
Directors at its meeting held on 19.10.2004
2. The company operates only in
one segment, Petroleum Sector. As such reporting is
done on a single segment basis.
3. The future profit is subject
to variation on account of fluctuations in the prices
of crude and petroleum products in the international
market and Government policy on duty structure.
4. Gross Refining Margin for the
quarter was $ 5.78 / bbl (previous year $ 3.65 / bbl)
. Gross Refining Margin upto the quarter was $ 5.89
/ bbl ( previous year $ 3.15 / bbl) . (Previous financial
year – $ 4.39 / bbl).
5. Once Through Hydro Cracker unit
of 3 MMTPA expansion project has been commissioned
during the quarter.
6. Figures have been re-grouped
wherever necessary.
7. Status of Investor Complaints
: Pending at the beginning of the II quarter - NIL.
Complaints received and disposed off during the II
quarter - 311. Pending at the end of the quarter -
NIL.
8. The above results are subject
to ‘Limited Review’ by the Statutory Auditors
of the company.
For and on behalf
of the Board of Directors
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