Bharat Petroleum’s key merchandise/income segments embody Petroleum Merchandise, Different Working Income, Oil Crude, Subsidy for the 12 months ending 31-Mar-2024.
Financials
For the quarter ended 31-12-2024, the corporate has reported a Consolidated Complete Earnings of Rs 113773.66 crore, up 9.94% from final quarter Complete Earnings of Rs 103482.72 crore and down -1.91% from final 12 months similar quarter Complete Earnings of Rs 115989.89 crore. The corporate has reported web revenue after tax of Rs 3875.78 crore within the newest quarter. The corporate’s prime administration contains Mr.G Krishnakumar, Dr.Sushma Agarwal, Mr.A P M Mohammed Hanish, Mr.Gopal Krishna Agarwal, Mr.Ghanshyam Sher, Mr.Pradeep V Agrawal, Prof. (Dr)Bhagwati Prasad Saraswat, Dr.(Mrs.)Aiswarya Biswal, Mr.Kamini Chauhan Ratan, Mr.Sanjay Khanna, Mr.Rajkumar Dubey, Mr.Sukhmal Kumar Jain, Mr.Vetsa Ramakrishna Gupta. Firm has Kalyaniwalla & Mistry LLP as its auditors. As on 31-12-2024, the corporate has a complete of 434 Crore shares excellent. Funding Rationale
HDFC Securities maintains a REDUCE ranking on Bharat Petroleum (BPCL), with a goal worth of Rs 250, owing to the chance of moderation in advertising margins and sustained weak refining margins. Q3FY25 EBITDA stood at Rs 75.8 billion (+21.7% YoY, +68% QoQ) and reported PAT got here in at Rs 46.4 billon (+36.9% YoY, +93.9% QoQ), beneath their estimates as a result of lower-than-expected refining margins, stock losses, and under-recovery in LPG. Promoter/FII Holdings
Promoters held 52.98 per cent stake within the firm as of 31-Dec-2024, whereas FIIs owned 14.71 per cent, DIIs 22.19 per cent.
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