Bharat Petroleum Corporation Limited (BPCL) on January 22 reported 20 percent rise in consolidated net profit at Rs 3,806 crore for the quarter ended December 31, 2024 on account of healthy marketing margins. It reported net profit of Rs 3,181 crore in the year-ago period.
The state-run oil retailer's net profit jumped 66 percent sequentially, as it posted profit of Rs 2,297 crore in the September quarter. BPCL's revenue from operations decreased 2 percent to Rs 1.27 lakh crore in Q3FY25 as against Rs 1.3 lakh crore in the year-ago period.
The company’s board declared an interim dividend of Rs 5 per equity share.
The refinery throughput of the company was 9.54 million metric tonne (MMT) during the quarter, compared to 9.86 MMT last year.
On the marketing front, quarterly market sales of BPCL grew almost 4 percent at 13.43 MMT during Oct-Dec 2024 from 12.92 MMT in last year. Exports in the quarter came in at 0.26 MMT.
BPCL shares closed 0.89 percent lower at Rs 277.70 a piece on BSE.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
