BPCL Q1 results: Net profit sinks 28% YoY to Rs 1,502 cr, misses estimates; sales rise 77%
MUMBAI: Bharat Petroleum Corporation today reported a 28 per cent year-on-year fall in net profit to Rs 1,501.6 crore for the quarter ended June, which was below analysts’ expectations.
The company’s sales in the reported quarter, however, surged 77 per cent on-year to Rs 89,687 crore, which was sharply higher than estimates.
