CPCL Q4 Results: Profit falls 39% YoY to Rs 628 crore
The profit was up 71 per cent when compared with Rs 365.3 crore earning in December quarter.
The profit was up 71 per cent when compared with Rs 365.3 crore earning in December quarter.
The company's alumina production at Lanjigarh refinery unit in Odisha increased 18 per cent to 4,48,000 tonne on the back of better operational performance, the company said.
CLSA raised its price target that anticipates a 31 per cent upside in BPCL's shares from the current levels as strong demand for oil products and a decline in crude oil prices support the recovery in OMCs.
Total income in the latest quarter was Rs 2,018.16 crore, up from Rs 1,879.01 crore a year ago
Hydro's underlying operating profit for the quarter fell by 85 per cent year-on-year to $62.48 million