BPCL Q2 net profit up 24% to Rs 3,200.9 crore on lower base; revenue jump to Rs 1.02 lakh crore
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The company did not give reasons for the rise in profits but industry sources said refiners made higher margins as they bought crude oil at a price but by the time they could ship and process it, benchmark fuel rates had gone up.BPCL Q2 net profit up 24% to Rs 3,200.9 crore on lower base; revenue jump to Rs 1.02 lakh crore
The company did not give reasons for the rise in profits but industry sources said refiners made higher margins as they bought crude oil at a price but by the time they could ship and process it, benchmark fuel rates had gone up. Read more