Mumbai
Bharat Petroleum Corp Ltd reported a net profit of 40.68 bln rupees for the quarter ended March, down 15% from a year ago because of uneven subsidy payout by the government. The company, however, reflected significant improvement in operational parameters.
The state-owned crude oil refining and marketing major’s net sales rose almost 13% year-on-year to 747.34 bln rupees led by an increase in refining throughput and depreciation of the rupee.
“We had to absorb under recovery of around 512 crores (5.12 bln rupees),” Chairman and Managing Director S. Varadarajan told Cogencis.
VIDEO: 'Two Karma Yogis, Modi And Yogi, Have Transformed Image Of Kashi,' Says Vice President CP Radhakrishnan
Uttar Pradesh News: CM Yogi Adityanath Inaugurates Dharamshala At Kashi Natkottai Nagar Kshetram; VIDEO
Bihar Assembly Elections 2025: CM Yogi Adityanath Draws Massive Rallies Despite Rain; Targets Opposition In 3 Consecutive Campaign Stops | VIDEO
Mumbai Tragedy: 26-Year-Old Autorickshaw Driver Dies After Being Hit By Speeding Bike In Govandi; Police Launch Hunt For Absconding Biker
