BPCL Q3 outcomes: Firm will give dividend of Rs 5 on each share, revenue elevated by 20% to ₹ 3,181 crore – INA NEWS

BPCL Q3 Outcomes: Internet revenue of Bharat Petroleum Company Restricted (BPCL) elevated by 20 per cent to Rs 3,806 crore within the third quarter of the present monetary 12 months. The corporate’s revenue in the identical quarter a 12 months in the past was Rs 3,181 crore. This firm owned by the Authorities of India gave this data whereas releasing its December quarter outcomes on Wednesday, January 22. The corporate has additionally introduced an interim dividend of Rs 5 per share to the shareholders.

BPCL mentioned that its revenue recorded a 66 p.c enhance on a quarterly foundation because it had earlier earned a revenue of Rs 2,297 crore within the September quarter. Nevertheless, the corporate’s income declined throughout the December quarter. BPCL mentioned that its income declined by 2 p.c to Rs 1.27 lakh crore within the December quarter, which was Rs 1.3 lakh crore in the identical quarter final 12 months.

The corporate’s refinery throughput throughout the December quarter stood at 9.54 million metric tonnes (MMT), in comparison with 9.86 MMT final 12 months. On the advertising entrance, BPCL’s quarterly gross sales elevated by 4 p.c year-on-year to 13.43 MMT, in comparison with 12.92 MMT in the identical quarter a 12 months in the past. The corporate’s export throughout this era was 0.26 MMT.

In the meantime, shares of BPCL closed 0.68 per cent decrease at Rs 278.3 on NSE on Wednesday, January 22. The corporate’s shares have fallen by about 5.76 p.c to this point in January. On the similar time, the worth of its shares has fallen by about 20.20 p.c within the final one 12 months.

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