{"id":355564,"date":"2020-06-04T11:40:02","date_gmt":"2020-06-04T06:10:02","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=355564"},"modified":"2020-06-04T11:40:02","modified_gmt":"2020-06-04T06:10:02","slug":"bpcl-posts-loss-of-%e2%82%b91819-6-crore-on-inventory-loss-lower-grms","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bpcl-posts-loss-of-%e2%82%b91819-6-crore-on-inventory-loss-lower-grms\/","title":{"rendered":"BPCL posts loss of \u20b91819.6 crore on inventory loss, lower GRMs"},"content":{"rendered":"<p>MUMBAI : State-run refiner Bharat Petroleum Corporation (BPCL) today posted a consolidated loss of \u20b91,819.6 crore for the quarter ended March 2020 on inventory loss and lower gross refining margin.<\/p>\n<p>The second largest fuel retailer had reported a profit at \u20b92,051.4 crore in previous quarter.<\/p>\n<p>In a press statement the company said changes in inventories of finished goods, stock-in-trade and work-in-progress came in negative at \u20b9(3,036.42) crore during the quarter against \u20b93,646.4 crore in previous quarter, following steep correction in global oil prices.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI : State-run refiner Bharat Petroleum Corporation (BPCL) today posted a consolidated loss of \u20b91,819.6 crore for the quarter ended March 2020 on inventory loss and lower gross refining margin. The second largest fuel retailer had reported a profit at \u20b92,051.4 crore in previous quarter. In a press statement the company said changes in inventories of finished goods, stock-in-trade and work-in-progress came in negative at \u20b9(3,036.42) crore during the quarter against \u20b93,646.4 crore in previous quarter, following steep correction in global oil prices.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-355564","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/355564","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=355564"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/355564\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=355564"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=355564"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=355564"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}