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BPCL reports 16% rise in Q4 net profit

Bharat Petroleum Corporation (BPCL) has reported results for fourth quarter and year ended March 31, 2019.

The company has reported a rise of 16.21% in its net profit at Rs 3,124.91 crore for the quarter under review as compared to Rs 2,688.97 crore for the same quarter in the previous year. Total income of the company increased by 10.51% at Rs 84,999.28 crore for Q4FY19 as compared Rs 76,913.76 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a fall of 10.58% in its net profit at Rs 7,132.02 crore as compared to Rs 7,976.30 crore for the previous year. However, total income of the company increased by 21.57% at Rs 340,606.13 crore for year under review as compared to Rs 280,181.64 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has reported a fall of 12.91% in its net profit at Rs 8,527.85 crore as compared to Rs 9,791.91 crore for the previous year. However, total income of the company increased by 21.99% at Rs 342,916.69 crore for year under review as compared to Rs 281,112.39 crore for year ended March 31, 2018.

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