Bharat Petroleum Corporation, a public sector undertaking, involved in the business of refining, storing, marketing and distributing petroleum products announced a phenomenal rise in standalone net profit for the quarter ended December 2008.
During the quarter, the profit of the company rose 2.75 times to Rs 7,998.40 million from Rs 2,913.00 million in the same quarter last year. Net sales for the quarter rose 10.30% to Rs 319,080.30 million, while total income for the quarter rose 10.53% to Rs 321,846.30 million, when compared with the prior year period. The company reported earnings of Rs 22.12 a share during the quarter, registering 2.74 times growth over previous year period. *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07* *%Change* *Net Sales* 319,080.30 289,284.00 10.30 *Net Profit* 7,998.40 2,913.00 174.58 *Basic EPS* 22.12 8.06 174.44 During the quarter, the operating margin of the company increased by 288.73 basis points to 4.84% compared with the previous year period. Interest cost increased 4.42 times to Rs 7,160.70 million while depreciation cost fell 1.67% to Rs 3,013.90 million over previous year period. --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Kences1" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/kences1?hl=en -~----------~----~----~----~------~----~------~--~---
