Bharat Petroleum Corporation and Hindustan Petroleum Corporation dipped while Indian Oil Corporation rushed up. In the meantime, the BSE Sensex was 222.70 points high.
IOC had ascended 13.85% as opposed to the BSE’s 6.77% increase. It had also earned 14.82% as opposed to the BSE’s profit of 10.61%. BPCL had increased 9.17% as opposed to the BSE’s 6.77% increase. It had also earned 32.45% as opposed to the BSE’s profit of 10.61%. HPCL had increased 10.09% as opposed to the BSE’s 6.77% increase. It had also earned 28.62% as opposed to the BSE’s profit of 10.61%. IOC’s net earnings leaped 787.15% on a 31.92% decline in sum income to Rs.60683.97crore in Quarter 1 June over Quarter 1 June last year.
BPCL posted a net gain of Rs.614.12crore in Quarter 1 June as opposed to net decline of Rs.1066.70crore in Quarter 1 June last year. Net sales dropped 34.7% in Quarter 1 June over Quarter 1 June last year. HPCL recorded net gain of Rs.649.12crore in Quarter 1 June opposed to net decline of Rs.888.12crore in Quarter 1 June. Net sales dipped 30.3% in Quarter 1 June over Quarter 1 June last year.