BPCL reported a standalone loss of Rs 3,962 crore in the first quarter. Revenue from operations increased ...More

BPCL reported a standalone loss of Rs 3,962 crore in the first quarter. Revenue from operations increased 23% year-on-year to Rs 1.59 lakh crore. Total expenses rose sharply to Rs 1.66 lakh crore from Rs 1.22 lakh crore a year earlier. The rise in expenses was led by higher cost of materials consumed. Refinery throughput stood at 10.15 million metric tonnes during the period. ...Less

India's three largest fuel retailers—HPCL, BPCL and IOCL—are expected to report a combined EBITDA loss of ...More

India's three largest fuel retailers—HPCL, BPCL and IOCL—are expected to report a combined EBITDA loss of up to Rs 47,700 crore in Q1FY27 as soaring crude oil prices, LPG under-recoveries, weak fuel marketing margins and rupee depreciation squeeze profitability. Analysts say further fuel price hikes may be needed if crude stays elevated. ...Less

Oil marketing companies are set to dominate Q1 earnings but for the wrong reasons, with HPCL, BPCL and IO ...More

Oil marketing companies are set to dominate Q1 earnings but for the wrong reasons, with HPCL, BPCL and IOCL expected to post massive losses as elevated crude prices crushed fuel marketing margins. The sharp earnings hit is likely to overshadow profit growth in financials, telecom and metals, dragging overall India Inc. earnings. ...Less

A packed earnings day awaits Dalal Street, with Eternal, Nestlé India, IndusInd Bank and over 250 compani ...More

A packed earnings day awaits Dalal Street, with Eternal, Nestlé India, IndusInd Bank and over 250 companies set to report June quarter results. Investors will also track BPCL, HPCL and Adani Group firms, while markets continue to react sharply to recent earnings from Bandhan Bank, TVS Motor and Bajaj Auto. ...Less

State-owned BPCL disclosed a standalone net profit of Rs 3,015 crore for the first quarter ending June 20 ...More

State-owned BPCL disclosed a standalone net profit of Rs 3,015 crore for the first quarter ending June 2024. This marks a decline of 71% compared to the Rs 10,551 crore reported in the same quarter of the previous year. ...Less

Consolidated revenue from operations fell 7% to Rs 1.28 lakh crore in the reporting quarter. The same sto ...More

Consolidated revenue from operations fell 7% to Rs 1.28 lakh crore in the reporting quarter. The same stood at 1.38 lakh crore in the same quarter of last year. ...Less

Prabhudas Lilladher has projected 37.70 per cent year-on-year fall in adjusted net profit. ...More

Prabhudas Lilladher has projected 37.70 per cent year-on-year fall in adjusted net profit. ...Less

Shares of BPCL hit a 52-week high on the NSE, rising 5% following its Q3 earnings. The company plans to i ...More

Shares of BPCL hit a 52-week high on the NSE, rising 5% following its Q3 earnings. The company plans to invest Rs 1.5-1.7 lakh crore in capex over the next 5 years. BPCL is well-positioned for the Mozambique gas project and is unaffected by the Red Sea crisis. The company expects oil prices at $80-$90/BBL in the next 6 months. Citi retains its 'buy' rating with a price target of Rs 560. Motilal Oswal maintains a 'neutral' view on the stock. ...Less

Despite weak Q3 earnings, Bharat Petroleum (BPCL) draws attention from global brokerages. CLSA upgraded B ...More

Despite weak Q3 earnings, Bharat Petroleum (BPCL) draws attention from global brokerages. CLSA upgraded BPCL to ‘Hold’ with a target of Rs 270, while Morgan Stanley maintains an ‘Overweight’ rating with a target of Rs 419. BPCL posted a 20% YoY profit increase, but missed market expectations. Shares surged 14% over the past year. ...Less