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BPCL net slumps 73% on lower margins
Business Standard
|July 20, 2024
State-owned oil marketing company (OMC) BPCL on Friday reported a consolidated net profit of 2,841.5 crore in the April-June quarter (Q1) of FY25, recording a 73.2 per cent dip compared to 10,644 crore in the corresponding quarter of FY24.
Sequentially, the OMC saw its net profit fall by 40.6 per cent from ₹4,789.5 crore registered in the preceding quarter.
Revenue from operations in Q1FY25 shrank marginally by 0.1 per cent to 1.28 trillion, while total expenses rose by 8.5 per cent to ₹1.25 trillion.
Cette histoire est tirée de l'édition July 20, 2024 de Business Standard.
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