BPCL vows up to Rs 1.7 lakh crore capex investment in 5 years. Shares jump 5%

BPCL on Monday reported a 73.4% year-on-year (YoY) rise in net profit for the quarter ended December 2023 at Rs 3,397.30 crore. The profit for the quarter was higher than an ETNow poll estimate of Rs 3,271 crore. Revenue from operations, net of excise duty, declined 3% YoY to Rs 1.15 lakh crore, but the figure was higher than the estimated Rs 1.05 lakh crore.

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