Bharat Petroleum Company Ltd. (BPCL) reported second-quarter internet revenue plunged 72% from the year-earlier interval to ₹2,397.23 crore on account of weak refining margins.
The Gross Refining Margin (GRM) was $4.41 a barrel in contrast with $18.49 a barrel, within the year-earlier interval.
Income for the quarter ended September 30 grew a tad to ₹1,17,951.69 crore from . ₹1,16,594.25 crore. Debt-equity ratio as of September 30 was at 0.28x (0.32x as on September 30, 2023). The market gross sales for the quarter elevated to 12.39 MMT as compared with 12.19 MMT within the year-earlier interval. Gross sales grew 1.64%, the corporate stated. For the quarter, throughput was 10.28 MMT as in contrast with 9.35 MMT in year-earlier interval.
Printed – October 25, 2024 07:28 pm IST