%20(Photo%20Vijay%20Sartape%20Source%20BQ%20Prime)%20(6).JPG?rect=0%2C253%2C2738%2C1437&w=1200&auto=format%2Ccompress&ogImage=true&w=1200&resize=1200,629&ssl=1 "BPCL Share Price Declines Ahead Of Q3 Results")
Bharat Petroleum Corp.’s share price declined before the company released its results for third quarter later in the day. The company will likely report Rs 5,265-crore net profit for the period, according to Bloomberg consensus estimates.
It is expected to report Rs 1.07 lakh crore revenue for the October-December period. Its operating profit or Ebitda will likely have grown to Rs 8,000 crore. It’s margin is expected to be at 7.50%.
In the previous quarter, Bharat Petroleum reported a 20% fall in its net profit, missing analysts’ expectations. In the July–September quarter, its revenue declined 9% to Rs 1,02,790.39 crore.
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