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Bharat Petroleum Corporation reports 37% fall in Q3 consolidated net profit

31 Jan 2023 Evaluate

Bharat Petroleum Corporation has reported results for third quarter ended December 31, 2022.

The company has reported fall of 30.72% in its net profit at Rs 1,959.58 crore for Q3FY23 as compared to Rs 2,828.45 crore for the corresponding quarter previous year. However, total income of the company increased by 13.22% to Rs 133,783.39 crore for the quarter under review as compared to Rs 118,166.92 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported fall of 36.68% in its net profit at Rs 1,747.01 crore for Q3FY23 as compared to Rs 2,758.89 crore for the same quarter in the previous year. However, total income of the company increased by 13.21% to Rs 133,686.66 crore for the quarter under review as compared to Rs 118,083.52 crore for the same quarter in the previous year.

Peers
Company Name CMP
Reliance Industries 1236.00
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Bharat PetroleumCorp 299.00
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