Bharat Petroleum Corporation Limited (BPCL) has announced its quarterly results. The company's results were weaker than expected. The company's profit has come down to Rs 2397 crore in the quarter ended September 2024, from Rs 3014 crore in the quarter ended June 2024. This decline in the company's profit is 20.5 percent. A profit of Rs 4,207 crore was estimated in the CNBC-TV18 poll. The company's income has fallen by 9.1 percent to Rs 1.02 lakh crore, from Rs 1.13 lakh crore in the previous quarter.
In the September quarter, the company's EBITDA has come down from Rs 5650 crore to Rs 4566 crore quarter-on-quarter, which is a decline of 20 percent. The company's EBITDA margin has come down from 5 percent to 4.5 percent quarter-on-quarter. Share performance On Friday, BPCL's share closed at Rs 305.95 with a decline of 4.82 percent. In the last one year, the company's stock has seen a rise of 79.99 percent. The 52-week high of the stock is Rs 376.
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