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BPCL reports 3-fold jump in Q1 net profit

09 Aug 2018 Evaluate

Bharat Petroleum Corporation (BPCL) has reported results for first quarter ended June 30, 2018.

The company has reported 3-fold jump in its net profit at Rs 2,293.26 crore for the quarter under review as compared to Rs 744.56 crore for the same quarter in the previous year. Total income of the company increased by 23.07% at Rs 82,978.96 crore for Q1FY19 as compared Rs 67,422.95 crore for the corresponding quarter previous year.

BPCL is into exploration, production and retailing of petroleum and petrol related products. The retail business unit of BPCL is into marketing of petrol, diesel and kerosene.

Peers
Company Name CMP
Reliance Industries 1186.10
Indian Oil Corpn. 130.70
Bharat PetroleumCorp 296.50
HPCL 343.10
MRPL 172.60
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