BPCL posts Rs 3,962 crore Q1 loss as high crude prices squeeze fuel margins

Bharat Petroleum Corporation Ltd reported a significant net loss for the April-June quarter. Elevated crude oil prices and regulated fuel rates severely impacted marketing margins. The company incurred substantial LPG under-recoveries and unpaid subsidy dues. Revenue from operations increased, bu...

First seen 54m ago · latest update 54m ago · India · business

Developing: this story surfaced recently from a single outlet. It appears early by design — expect the confidence score to move as more outlets report (or don’t).