[ad_1] Indian Oil Corporation, Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) largely missed Q2 results expectations. Global brokerage Goldman Sachs believes marketing and refining were among the key factors that led to the misses. In a note on November 4, the brokerage said that the EBITDA of the aforementioned oil marketing […]
BPCL Q2 Results: Net profit a miss; share price falls 5% – CNBC TV18
[ad_1] State-run Bharat Petroleum Corporation Ltd. (BPCL) on Friday, October 25, reported a net profit of ₹2,397 crore for the July-September quarter, which was lower than the CNBC-TV18 poll of ₹4,207 crore. On a sequential basis, BPCL’s net profit declined by 20.5%. For the reporting quarter, a CNBC-TV18 poll had expected BPCL to report revenue […]