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BPCL Q3 Results: PAT soars 73% YoY to Rs 3,397 crore despite fall in revenue

BPCL Q3 Results: BPCL s quarterly net profit rose by 73.4% YoY to Rs 3,397.30 crore, surpassing the estimated Rs 3,271 crore. Revenue from operations declined 3% YoY to Rs 1.15 lakh crore but exceeded the estimated Rs 1.05 lakh crore. Total expenses dropped to Rs 1.26 lakh crore from Rs 1.32 lakh crore a year ago. Refinery throughput increased to 9.86 million tonnes from 9.39 million tonnes a year ago. Market sales rose marginally to 12.92 million tonnes from 12.81 million tonnes a year ago. ....

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The agonizing wait for BPCL privatization

As things stand, BPCL’s privatization is not expected this fiscal year and will be pushed forward to FY23 ....

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BPCL share rises over 4% as firm's Q3 earnings beats estimates

BPCL share rose over 4% in early trade today after the PSU reported better than expected earnings for Q3. BPCL stock opened with a gain of 2.41% at Rs 430 against previous close of Rs 419.90 on BSE. The stock touched an intraday high of Rs 438.75, rising ....

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