BPCL returns to black in July-Sept – Times of India

by The Technical Blogs


NEW DELHI: Bharat Petroleum Corporation (BPCL) reported returning to profitability in the September quarter after a boost in marketing margin improved earnings. Consolidated net profit in July-September was at Rs 8,243.6 crore compared to a loss of Rs 338.5 crore in the same period a year back, the company said.
The profit was aided by a boost in marketing margins as a freeze on petrol and diesel price revision despite a fall in input oil prices helped recover losses incurred when rates were high last year.


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