BPCL REGISTERS 23% RISE IN NET
Article Abstract:
Bharat Petroleum Corporation Ltd (BPCL) recorded a 23.13 percent increase in its net profit and 15 percent in sales in 1997-98. Its sales volume increased by 3.8 percent to 16.37 million tonnes. It has declared a dividend of 50 percent for 1997-98. (rk) ------------------------------------------------------------ Financial performance of Bharat Petroleum Corporation Ltd ------------------------------------------------------------ Particulars 1997-98 1996-97 (Rs in crore) ------------------------------------------------------------ Sales 20,697.00 18,000.00 ------------------------------------------------------------ Net profit 532.70 432.60 ------------------------------------------------------------ EPS (Rs) 35.51 28.84 ------------------------------------------------------------ Equity 150.00 150.00 ------------------------------------------------------------
Comment:
Records 23.13% increase in net profit & 15% increase in sales in 1997-98
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
BPCL H1 NET SALES UP
Article Abstract:
Bharat Petroleum Corporation Limited (BPCL) has posted a 80 percent rise in its net sales to Rs10,046 crore during April- September 1998 (Rs5,563 crore during April-September 1997). During this period, it posted a net profit of Rs343 crore (Rs219 crore). The net profit of BPCL has gained from the removal of retention pricing for refineries. During July-September 1998, it processed 4.38 million tonnes of crude (3.76 million tonnes of crude July-September 1997). (ag)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
BPCL TO EXPAND CAPACITY TO 10 M TONNES
Article Abstract:
Bharat Petroleum Corporation Ltd (BPCL) plans to enhance the capacity of its Mumbai refinery from six million tonnes to ten million tonnes to ensure its survival in the post-administered pricing mechanism era. The expansion is estimated to cost Rs700 crore. It involves replacement of major components such as crude distillation unit. (nr)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: HPCL WELL OILED WITH 14.5% RISE IN NET PROFIT BPCL, HPCL IN TALKS FOR SYNERGY PACT. KUBOTA, HPCL IN `CARE FOR AIR' PACT
- Abstracts: ASIAN PAINTS POSTS 22% RISE IN NET ICI PAINTS ROSY PICTURE WITH 20% RISE IN NET
- Abstracts: BPCL: LEANING HEAVILY ON MARKETING BPCL: A QUICK GLANCE BHARAT PETROLEUM CORPORATION (BPCL)
- Abstracts: STERLITE RAISES INDAL OFFER TO Rs221, ALCAN LAGS AT Rs175 STERLITE MULLS POSSIBILITY OF INDAL MERGER STERLITE SETS RIDER TO BUY INDAL SHARES
- Abstracts: NARMADA CEMENT REPORTS Rs5.83-CR LOSS NARMADA CEMENTS POSTS LOSS. NARMADA CEMENT COMPANY LIMITED: A BREATH OF FRESH AIR