The result was announced during trading hours today, 10 February 2012.
Meanwhile, the BSE Sensex was down 147.94 points, or 0.83%, to 17,682.81.
On BSE, 1.95 lakh shares were traded in the counter as against an average daily volume of 57,340 shares in the past one quarter.
The stock hit a high of Rs 627.85 and a low of Rs 608.25 so far during the day. The stock had hit a 52-week low of Rs 459.05 on 5 January 2012. The stock had hit a 52-week high of Rs 712.50 on 9 August 2011.
The stock had outperformed the market over the past one month until 9 February 2012, gaining 26.90% compared with the Sensex's 12.75% rise. The scrip had also outperformed the market in past one quarter, rising 4.52% as against 2.70% rise in the Sensex.
The large-cap state-run oil marketing company has an equity capital of Rs 361.54 crore. Face value per share is Rs 10.
BPCL said it received a discount of Rs 3572.66 crore on crude oil, superior kerosene oil (SKO) and liquefied petroleum gas (LPG) purchased from state-run upstream firms ONGC and GAIL (India) in Q3 December 2011 compared with a discount of Rs 1170.59 crore in Q3 December 2010.
BPCL received Rs 6993.70 crore as subsidy from the government in Q3 December 2011 compared with Rs 1809.85 crore in Q3 December 2010.
Public sector oil marketing companies (PSU OMCs) like BPCL, HPCL and Indian Oil Corporation suffer revenue loss on domestic sale of diesel, LPG and kerosene at a controlled price. The government decontrolled pricing of petrol in 2010.
The government compensates PSU OMCs partly through cash subsidies, while the upstream companies like ONGC and GAIL (India) absorb part of the revenue losses by giving discounts on crude oil and products.