BPCL Q4 net down 81 pc at Rs 703 cr

Net profit fell to Rs 703.18 crore in January-March from Rs 3,628.02 crore a year earlier, the company said in a statement. Sales or income from operations rose 42 per cent to Rs 37,550.90 crore.

While its Rs 3,629.84 crore revenue loss on selling petrol and diesel below cost in 2009-10 was fully made up, the loss on domestic LPG and kerosene was only partly compensated. It got Rs 5,265.03 crore for LPG and kerosene, Rs 1,235 crore less than total loss it incurred on selling cooking fuels.

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