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Bharat Petroleum Corporation reports 48% fall in Q3 net profit

13 Feb 2013 Evaluate

Bharat Petroleum Corporation has reported results for third quarter ended December 31, 2012.

The company has reported 47.52% fall in its net profit at Rs 1647.57 crore for the quarter as compared to Rs 3139.60 crore for the same quarter in the previous year. However, total income from operation of the company has increased by 5.88% at Rs 62770.52 crore for quarter under review as compared to Rs 59284.72 crore for the quarter ended December 31, 2011.

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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