Bharat Petroleum ( BPCL ) has reported a multi fold jump in
its March quarter earnings at Rs 3,962 crore as against 935.18 crore,
year-on-year.Sales also jumped nearly 43% to Rs 64,642.18 crore, YoY.
The crude throughput beat estimates at 6 MT against 5.58 MT,
while sales stood at 8.23 MT against 7.76 MT, YoY.
Meanwhile, shares of the company jumped 2% post the earnings
announcement. The board of the state-run firm has announced a bonus issue in
the ratio of 1:1 and a dividend of Rs 11 per share.
Source: www.moneycontrol.com
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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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