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BPCL net profit rises 47% to Rs 2,272 cr in Dec quarter

Total income for the company was 21% higher at Rs 64,646 cr

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Amritha Pillay Mumbai
State-run Bharat Petroleum Corporation Ltd (BPCL) reported a 47% rise in its net profit for the October-December 2016 ended quarter due to better operational performance.

For the December 2016 ended quarter, the company reported a net profit of Rs 2,272 crore, higher from Rs 1,545.15 crore reported in the same period a year back.

Total income for the company was 21% higher at Rs 64,646.70 crore against Rs 53,545.79 crore reported in the corresponding quarter a year back meeting analyst expectations. Other income for the company also rose to Rs 551.05 crore from Rs 308.75 crore reported a year back.

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