By siliconindia | Thursday, 27 May 2021, 03:58 Hrs Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) on Wednesday reported a net profit of Rs 11,940.13 crore for the quarter ended March 31, 2021, as against net loss of Rs 1,361.01 crore in the corresponding quarter last year. The total income of the company during Q4 FY21 saw a robust jump to Rs 1,00,419.63 crore from Rs 82,452.99 crore seen in the same quarter of previous year. The turnaround witnessed by the company in its profitability is largely on account of inventory gains, and also on account of a V-shape recovery seen by the company in the second half of financial year resulting in robust growth in fuel sales.
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