BPCL Q3 profit more than doubles on inventory gains

Bharat Petroleum Corporation Ltd (BPCL) on Tuesday reported more than doubling of its net profit for the December quarter on the back of inventory gains resulting from rising oil prices. Net profit in October-December at Rs 2,777.6 crore was 120 per cent higher than Rs 1,260.6 crore net profit in the same period a year back.

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