BPCL reports 12% fall in Q3 consolidated net profit

09 Feb 2021 Evaluate

Bharat Petroleum Corporation (BPCL) has reported results for third quarter ended December 31, 2020.

The company has reported 2- fold jump in its net profit at Rs 2777.62 crore for the quarter under review as compared to net profit at Rs 1260.63 crore for the same quarter in the previous year. Total income of the company increased by 2.57% at Rs 88094.50 crore for Q3FY21 as compared Rs 85883.15 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 11.89% in its net profit attributable to owners at Rs 1565.23 crore for the quarter under review as compared to net profit at Rs 1776.35 crore for the same quarter in the previous year. However, total income of the company increased by 1.77% at Rs 88027.16 crore for Q3FY21 as compared Rs 86495.22 crore for the corresponding quarter previous year.

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