Bharat Petroleum Corporation Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 1,154,991.4 million compared to INR 1,191,695.5 million a year ago. Revenue was INR 1,304,755.9 million compared to INR 1,336,866.6 million a year ago. Net income was INR 31,814.2 million compared to INR 17,470.1 million a year ago. Basic earnings per share from continuing operations was INR 7.47 compared to INR 4.1 a year ago.
For the nine months, sales was INR 3,315,283 million compared to INR 3,550,717.9 million a year ago. Revenue was INR 3,766,337.9 million compared to INR 4,011,428.5 million a year ago. Net income was INR 220,692.7 million compared to net loss of INR 47,394.2 million a year ago. Basic earnings per share from continuing operations was INR 51.82 compared to basic loss per share from continuing operations of INR 11.13 a year ago.