Oil marketing company Bharat Petroleum Corporation Ltd (BPCL) has recorded yet another milestone. In a statement released on Wednesday, BPCL said it closed the first quarter of the current fiscal with a net profit of Rs 10,550.88 crore. According to the regulatory filing, it had earned a total income of Rs 1,28,748.65 crore (against Q1FY23’s Rs 1,38,831.25 crore) and a net profit of Rs 10,550.88 crore (against a net loss Rs.6,263.05 crore).
It had sold 12.75 million tons up from 11.75 million tons of fuel sold during previous year’s corresponding period. The market sales of the corporation for the quarter ended June, 30, 2023 is 12.75 MMT as compared to 11.76 MMT for the quarter ended June 30, 2022.
