The state-owned oil marketing giant, BPCL’s (Bharat Petroleum Corporation) Q3FY11 PAT more than halved to Rs. 187 crore from Rs. 379 crore in the corresponding quarter of the previous financial year. The company’s net sales, however, grew by 14% on a year-on-year basis to Rs. 36,665 crore compared to Rs. 32,161 crore, during the same period.
Shares of the company declined nearly 2.5% to close at Rs. 584.20 on the BSE.
Amy, Chief Editor
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