Bharat Petroleum Reports 22.5% Drop in Second-Quarter Profit
India’s third-largest refiner by capacity said volatile crude oil prices weighed on profit. The report did not specify the profit amount.
Bharat Petroleum Corporation (NSE:BPCL), India’s third-largest refiner by capacity, said second-quarter profit fell 22.5% on Friday, as volatile crude oil prices weighed on results. The exchange rate was $1 = 94.9400 Indian rupees.