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Bharat Petroleum Corporation reports 21% rise in Q4 net profit

30 May 2013 Evaluate

Bharat Petroleum Corporation reported results for the fourth quarter and year ended March 31, 2013.

The company has reported a rise of 21.06% in its net profit at Rs 4797.29 crore in Q4FY13 as compared to net profit of Rs 3962.83 crore in the same quarter previous year. Total income from operation of the company has increased by 2.54% to Rs 66310.72 crore as compared to Rs 64668.90 crore in corresponding quarter last year.

For the year ended March 31, 2013, the company has reported over 2-fold jump its net profit at Rs 2642.90 crore in FY13 as against Rs 1311.27 crore in previous years. Total income from operation of the company has increased to Rs 240115.75 crore as compared to Rs 211972.97 crore in FY12, up by 13.28%.

On consolidated basis, for the full year ended March 31, 2013, the company has reported over 2-fold jump its net profit for the Group at Rs 1880.83 crore under year under review as compared to Rs 780.83 crore in FY12. Total income has increased by 14.16% at Rs 242180.98 crore for year under review as compared to Rs 212139.56 crore for the period ended March 31, 2012.

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