BPCL Q3 profit falls 7.3% to Rs 1,901 cr; announces interim dividend

The revenue from operations rose marginally year-on-year at Rs 87,292.62 crore

State-owned oil and gas company Bharat Petroleum Corporation Ltd (BPCL) on Monday reported a 7.3 per cent year-on-year decline in consolidated net profit at Rs 1,901 crore for the quarter ended December 31, 2020 (Q3FY21). The company posted a profit of Rs 2,051.43 crore in the corresponding period a year ago (Q3FY20). It was Rs 2,589.52 crore in the September quarter (Q2FY21).

However, on a standalone basis, the net profit came in at Rs 2,778 crore in the latest December quarter, up over 120 per cent year-on-year, compared with Rs  1,261 crore in the same period a year earlier.