Social News XYZ     

BPCL’s Q4 standalone net profit down 13%

BPCL's Q4 standalone net profit down 13%Mumbai, May 29 (IANS) State owned oil marketing company BPCL on Monday reported a decline of 12.96 per cent in its net profit for the fourth quarter (Q4) of 2016-17.

According to the OMC, its net profit during the quarter under review declined to Rs 1,841.68 crore from Rs 2,116.03 crore reported in the corresponding period of 2015-16.

However, the Q4 standalone total income of the company edged higher by 24.17 per cent to Rs 66,685.61 crore from Rs 53,704.43 crore earned in the corresponding period of previous fiscal.

 

On a full financial year 2016-17 basis, BPCL reported that its consolidated net profit edged higher by 17.53 per cent to Rs 9,506.97 crore from Rs 8,088.87 crore earned in the corresponding period of the previous fiscal.

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

Facebook Comments
BPCL's Q4 standalone net profit down 13%

About VDC

Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.

%d bloggers like this: