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BPCL releases second gasoline purchase tender

01 Jun 2013 Evaluate

Bharat Petroleum Corp oration (BPCL) has released its second gasoline purchase tender this year, as it aims to balance a supply gap opened up by summer holiday demand. The company is looking for 25,000 tonnes of gasoline for June 18-22 delivery to the port of Kochi. The company’s quest for more gasoline is not linked to the fire at its 60,000 barrels-per-day (bpd) Numaligarh oil refinery in northeastern India.

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.

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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