India’s Bharat Petroleum said its net profit jumped 224% to Rs 2.33 billion for the quarter ended December 2002, thanks to high oil prices on the international markets and increased sales volume. (US$1=47 rupees). It said that refining margins improved to $2.99 per barrel compared to $2.36 per barrel for the year-ago quarter. Net sales…
INDIA: BPCL reports 224% rise in net profit for Oct-Dec quarter
Posted on February 4, 2003 by EnergyAsia