BPCL Q1 profit plunges 41% YoY to Rs 1,800 crore

NEW DELHI: State-run firm BPCL on Friday reported 41.48 per cent fall in consolidated profit at Rs 1,799.59 crore from the June quarter against Rs 3,075.06 crore in the same period last year.

Total income for the quarter came in at Rs 86,956.29 crore, down 4.01 per cent from Rs 83,605.07 crore in the year ago period.

The company’s margins came in at 3.90 per cent compared with 6.9 per cent last year. Ebitda was Rs 2,981.9 crore against Rs 4,598 crore last year.


The average gross refining margin (GRM) during the June quarter came in at $2.81 per barrel against $7.49 last year.