Tuesday, February 09, 2021

BPCL shines despite reporting 12% fall in Q3 consolidated net profit

Bharat Petroleum Corporation is currently trading at Rs. 427.20, up by 7.30 points or 1.74% from its previous closing of Rs. 419.90 on the BSE.

The scrip opened at Rs. 430.00 and has touched a high and low of Rs. 438.75 and Rs. 423.35 respectively. So far 527424 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 495.30 on 10-Feb-2020 and a 52 week low of Rs. 252.00 on 24-Mar-2020.


Last one week high and low of the scrip stood at Rs. 438.75 and Rs. 402.10 respectively. The current market cap of the company is Rs. 92193.24 crore.

The promoters holding in the company stood at 52.98%, while Institutions and Non-Institutions held 32.49% and 14.53% respectively.

Bharat Petroleum Corporation (BPCL) has reported 2- fold jump in its net profit at Rs 2777.62 crore for the quarter ended December 31, 2020 as compared to net profit at Rs 1260.63 crore for the same quarter in the previous year. Total income of the company increased by 2.57% at Rs 88094.50 crore for Q3FY21 as compared Rs 85883.15 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 11.89% in its net profit attributable to owners at Rs 1565.23 crore for the quarter ended December 31, 2020 as compared to net profit at Rs 1776.35 crore for the same quarter in the previous year. However, total income of the company increased by 1.77% at Rs 88027.16 crore for Q3FY21 as compared Rs 86495.22 crore for the corresponding quarter previous year.

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