January 23, 2025
BPCL shares drop 2% as Q3 earnings misses estimates
Bharat Petroleum Corporation Limited (BPCL) saw a 2% drop in its stock price after reporting its Q3FY25 results. The company posted a 37% year-on-year increase in net profit, reaching Rs 3,806 crore, up from Rs 3,181 crore in the same quarter last year. However, the earnings fell short of market expectations, which had forecasted a […]
Bharat Petroleum Corporation Limited (BPCL) saw a 2% drop in its stock price after reporting its Q3FY25 results. The company posted a 37% year-on-year increase in net profit, reaching Rs 3,806 crore, up from Rs 3,181 crore in the same quarter last year. However, the earnings fell short of market expectations, which had forecasted a net profit of Rs 5,200 crore.
In terms of revenue, BPCL’s Q3FY25 revenue from operations stood at Rs 1,27,520 crore, showing a slight 2% decline compared to Rs 1,29,947 crore in the corresponding period of the previous year. On a quarter-on-quarter basis, the revenue surged by 81% from Rs 1,17,949 crore reported in the July-September quarter.
BPCL shares opened at ₹283.00, reaching a high of ₹285.00 and a low of ₹270.30 during trading. Over the past 52 weeks, the stock has seen a high of ₹376.00 and a low of ₹230.05.
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