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BPCL registers net sale turnover of Rs.2,22,500 crores

Mumbai: September 24,2012

The Bharat Petroleum Corporation Ltd. (BPCL) has recorded a sales turnover of Rs.222500.47 crores for the year 2011-12. The profit before tax for the year is Rs.1884 crore as compared to Rs.2394 crore in 2011-11  The total refining capacity of the Group also grew and the throughput for the year was a record of 26.72 MMT.  The group registered a record of sales volumes of 31.48 MMT as against 29.58 MMTs during previous year.  BPCLs net worth as on 31st March 2012 was Rs.1491 crore as compared to Rs.14058 crore as at the end of the previous year.  The BPCL board has recommended a dividend of 110% ( Rs. 11 per share) and issued bonus share in the ratio of 1:1.

 

BPCLs  foray into Exploration and Production received fresh impetus with World class finds of  oil and gas in Brazil and Mozambique by its wholly owned subsidiary  Bharat Petro Resources Ltd.(BPRL). There was oil discovery in Nunukan Block in  Indonesia  as well..  A recent find in Cauvery basin has been announced by the company where BPRL has ONGC as the consortium partner.

 

The company proposes to initiate the Integrated Refinery Expansion Project in Kochi to increase the capacity of the Koch Refinery next year an outlay of about Rs.20,000 crore. BPCL is ranked 225th in the Global Fortune 500 companies list.

 
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