MoneyWorks4Me

BPCL plans to raise refining capacity to 40 mtpa: Report

13 Jun 2013 Evaluate

Bharat Petroleum Corporation (BPCL) is reportedly planning to increase refining capacity to 40 mtpa. At present the company has the refining capacity of 30.50 mtpa. The company will increase the Kochi refining capacity to 15.5mtpa from 9.50 mtpa at present, while the company can not expand the Mumbai refining capacity due to space constrain.

The company 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 increased 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
View more..