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Record profit for KRL

By Our Special Correspondent

KOCHI, MAY 1. Kochi Refineries Limited (KRL), a subsidiary of Bharat Petroleum Corporation Limited, registered a record net profit (profit after tax) of Rs.555 crores during 2003-04. Last year the net profit was Rs.456 crores.

KRL has achieved a turnover of Rs.9,863 crores during this financial year as against the previous year's figure of Rs.9,267.6 crores.

The company set new records in operations as well. The crude oil throughput of 7.853 million tonnes, registering a capacity utilisation of 104.7 per cent, surpassed all previous records against a target of 7.55 million tonnes. The previous best was 7.83 million tonnes, achieved during 1999-2000.

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