Bharat Petroleum Corporation Limited CC-Jun24.pdf · 2024-07-20
So I just wanted to get a sense of view on profitability because I'm just looking at this on a con call of nearly 1 hour we spend nearly 15 minutes on capex, which is actually a burden to our shareholders. So can you talk a bit on profitability? Because I understand that on this quarter, we have reported a profit of about INR3,000 crores after absorption of the LPG figure of INR2,300 crores plus we had a INR400 crores inventory gain. So technically, you reported about INR4,800 crores of profit in this quarter, which is absolutely astounding and good. So sir, I want to pick your brains on this. Is that -- so do you see this profit sustaining firstly? Secondly, sir, you have something called Project Aspire, wherein you are looking to double profitability as well. So can you please talk a little bit about your Project Aspire on profitability? And how do you see the next few years shaping up in terms of PAT, sir?
And sir, I have just one very humble suggestion being in the best interests of our company. So henceforth we can spend a bit of time on profitability as well because that will inspire and give confidence to our stakeholders of exactly where we are headed. So because it is very difficult to digress numbers on our company, which is selling so many products across so many verticals. So sir, if -- as we talk about capex, talking about profitability will also help in a big way, and it will actually restore confidence among the stakeholders. So that's something which came to mind so I just thought I'll bring it up to your attention, sir. And wish you very -- all the best. And I sincerely hope that you can deliver on this INR20,000 crores profit, which your company deserves.