BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
IDBI Capital Report
In Q2 FY22, Bharat Petroleum Corporation Ltd.'s sales grew by 62.6% year-on-year and 15% quarter-on-quarter to Rs 815 billion.
Standalone Ebitda increased by 16.3% year-on-year and 37.7% quarter-on-quarter to Rs 44.8 billion.
Net profit expanded by 19.9% year-on-year and 79.4% quarter-on-quarter to Rs 26.9 billion, mainly supported by increase in other come which grew by 3017% year-on-year to Rs 3.9 billion.
Its domestic marketing volume grew by 11% while Refinery utilization remained at 104% in Q2 FY22.
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