A STUDY ON FINANCIAL PERFORMANCE OF BHARAT PETROLEUM CORPORATION LTD
Abstract
Financial performance of Bharat Petroleum Corporation Limited (BPCL) indicates that the company has shown a steady growth in revenue and profitability over the years. In the last fiscal year (2021), BPCL's revenue was INR 2.79 trillion and its net profit was INR 128.83 billion. The company's financial ratios, such as Return on Equity (ROE) and Return on Assets (ROA), have also been consistently above industry averages. BPCL's financial performance can be attributed to its diverse portfolio of products, focus on operational efficiency, and strategic investments in technology and infrastructure. However, the company also faces challenges such as volatile crude oil prices, regulatory changes, and competition in the market. Overall, BPCL's financial performance indicates a strong and stable company with a potential for growth in the future.