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BPCL reports 48% fall in Q2 net profit

Bharat Petroleum Corporation (BPCL) has reported results for second quarter ended September 30, 2018.

The company has reported a fall of 48.30% in its net profit at Rs 1,218.71 crore for the quarter under review as compared to Rs 2,357.40 crore for the same quarter in the previous year. However, total income of the company increased by 28.49% at Rs 83,422.83 crore for Q2FY19 as compared Rs 64,927.71 crore for the corresponding quarter previous year.

BPCL is into exploration, production and retailing of petroleum and petrol related products. The retail business unit of BPCL is into marketing of petrol, diesel and kerosene.

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