- Bharat Petroleum Corporation Limited (BPCL) reported a net income of 61.2 billion rupees for the first quarter.
- Net income was up compared to 30.1 billion rupees from the same period last year.
- The net income fell short of analysts’ estimates, which were at 66.77 billion rupees.
- Total costs for the quarter amounted to 1.22 trillion rupees, showing a decrease of 2.4% compared to last year.
- Refining margin was $4.88 per barrel, a significant decrease of 38% year-on-year, and below the estimate of $6.78 per barrel.
- Revenue for the quarter stood at 1.3 trillion rupees, marking a modest increase of 1.6% from the previous year.
- Investment research ratings include 22 buys, 7 holds, and 4 sells for BPCL.
A look at Bharat Petroleum Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Investors should take note of Bharat Petroleum Corp‘s optimistic long-term outlook based on its Smartkarma Smart Scores. With a high score in Dividend and Value factors, the company is positioned well financially and is likely to provide strong returns to its shareholders. Additionally, its favorable Momentum score suggests positive market sentiment and potential for future growth. While Growth and Resilience scores are slightly lower, the overall outlook remains promising for Bharat Petroleum Corp.
Bharat Petroleum Corporation Limited, engaged in exploring and refining crude oil, has a diversified product range including petroleum, lubricants, and liquefied petroleum gas. With a widespread network of retail outlets across the country, Bharat Petroleum Corp stands out as a significant player in the oil and gas industry. Investors can consider the company’s strong emphasis on dividends and its solid value proposition as key indicators of its future success.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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