BPCL net trebles to Rs 2,051 cr in Q3

New Delhi, Feb 13 () State-owned Bharat Petroleum Corp Ltd (BPCL) on Thursday reported near trebling of net profit in the December quarter to Rs 2,051.43 crore.

BPCL had posted a net profit of Rs 698.62 crore in October-December 2018, the company said in a regulatory filing.

Revenue from operation dropped to Rs 85,926.70 crore from Rs 89,324.86 crore a year ago on lower oil prices.

BPCL said pre-tax profits from its mainstay oil refining and fuel market business jumped to Rs 2,246.88 crore in October-December 2019 from Rs 637.89 crore a year ago. ANZ RVK

(This story has not been edited by Business Insider and is auto-generated from a syndicated feed we subscribe to.)

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