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BPCL reports consolidated net loss of Rs 1847.37 crore in Q4
Jun-04-2020

Bharat Petroleum Corporation (BPCL) has reported results for the fourth quarter and year ended March 31, 2020.

The Company has reported net loss at Rs 1361.01 crore for the quarter under review as compared to net profit of Rs 3124.91 crore for the same quarter in the previous year. Total income of the company decreased by 3% at Rs 82452.99 crore for Q4FY20 as compared Rs 84999.28 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss attributable to owners of the company of Rs 1847.37 crore for the quarter under review as compared to net profit of Rs 2912.04 crore for the same quarter in the previous year. Total income of the company decreased by 3.67% at Rs 82230.76 crore for Q4FY20 as compared Rs 85363.14 crore for the corresponding quarter previous year.

For the year ended March 31, 2020, the company has reported a fall of 62.38% in its net profit at Rs 2683.19 crore as compared to Rs 7132.02 crore for the previous year. Total income of the company decreased by 2.92% at Rs 330662.09 crore for year under review as compared to Rs 340606.13 crore for year ended March 31, 2019.

For the year ended March 31, 2020, on the consolidated basis, the company has reported a fall of 60.84% in its net profit attributable to shareholders of the company of Rs 3055.36 crore as compared to Rs 7802.30 crore for the previous year. Total income of the company decreased by 3.26% at Rs 331726.49 crore for year under review as compared to Rs 342916.69 crore for year ended March 31, 2019.

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