BPCL Q2 Profit Falls 22% to ₹4,993 Crore
Bharat Petroleum reported a 22% decline in standalone net profit for July-September, to ₹4,993 crore. The headline attributes weaker EBITDA to a freeze in fuel prices.
State-owned Bharat Petroleum Corporation Ltd (BPCL) reported a 22.5 per cent fall in September quarter net profit as earnings from operations weakened due to a retail price freeze despite rising costs.BPCL's standalone net profit declined to ₹4,993 crore in July-September, the second quarter of fis…