Bharat Petroleum Corporation Limited is a major Indian public sector company engaged in crude oil refining and marketing of petroleum products.
The Earnings webcast for Bharat Petroleum Q1FY24 Results is scheduled for 27th July 2023 at 11:00 Hrs IST.
Listen to Bharat Petroleum Q1FY24 Earnings Call Live and Read the Real-Time Transcript
Bharat Petroleum reported a total revenue of INR 1,12,985 crore for Q1FY24, showing a year-on-year negative growth of 6.6%. The estimated Earnings Per Share (EPS) for the quarter is INR 49.07, representing an appreciable year-on-year increase of 276%.
In the preceding quarter, Q4 FY23, Bharat Petroleum recorded a Total Income of ₹1,33,902 Crore, showing an 8% increase compared to the previous year’s ₹1,24,026 Crore. Total Expenses rose to ₹1,24,909 Crore, up 4% from ₹1,19,691 Crore. The Consolidated Net Profit surged significantly to ₹6,870 Crore, marking a 168% growth from the previous year’s profit of ₹2,559 Crore. Consequently, the Earnings per Share also rose substantially to ₹32.26, up 168% from ₹12.02 in the same quarter of the previous year.