Moneycontrol BureauState-run Bharat Petroleum Corporation (BPCL) has reported 74 percent jump in its Q3 net profit at Rs 2271.9 crore on better sales and crude throughput.The company had reported a net profit of Rs 1305.2 crore, in the quarter ended September 2016.The company's crude throughput has increased by 6.1 percent at 6.78 million metric tonnes and its market sales was up 9.3 percent at 9.76 million metric tonnes.
Total income of the company was up 16.7 percent at Rs 64,095.7 crore against Rs 54,913 crore, Q-o-Q.
The gross refining margin for the said quarter was up at USD 5.9 per barrel. The company's EBITDA increased by 140 percent at Rs 3,316.5 crore and EBITDA margin was up 270 bps at 5.2 percent.The company in its board meeting held on February 9 has declared an interim dividend of Rs 19.50 per equity share.The company's share was trading at Rs 718.30, down 0.96 percent, touched a 52-week high of Rs 735 on the BSE.Posted by Rakesh Patil
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