Bharat Petroleum Corporation (BPCL) announced a steep drop in standalone net profit for the quarter ended March 2015. During the quarter, the profit of the company declined 29.88% to Rs 28,528.90 million from Rs 40,683.70 million in the same quarter previous year.
Revenues for the quarter declined 30.94% to Rs 519,281.20 million, compared with Rs 751,947.10 million for the prior year period.
Earnings per share for the quarter stood at Rs 39.45, registering a 29.88% decline over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Mar - 15 | Mar - 14 | %Change |
| Revenues | 519,281.20 | 751,947.10 | (30.94) |
| Net Profit | 28,528.90 | 40,683.70 | (29.88) |
| Diluted EPS | 39.45 | 56.26 | (29.88) |
Shares of the company gained Rs 25.25, or 3.17%, to trade at Rs 822. The total volume of shares traded was 351,898 at the BSE (3.33 p.m., Thursday).
