{"id":430494,"date":"2021-08-13T08:47:27","date_gmt":"2021-08-13T03:17:27","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=430494"},"modified":"2021-08-13T10:06:00","modified_gmt":"2021-08-13T04:36:00","slug":"bpcl-net-profit-drops-27-to-rs-1502-cr-in-june-quarter-sales-up-77","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bpcl-net-profit-drops-27-to-rs-1502-cr-in-june-quarter-sales-up-77\/","title":{"rendered":"BPCL net profit drops 27% to Rs 1,502 cr in June quarter; sales up 77%"},"content":{"rendered":"<p>Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) on Thursday reported 27.6 per cent drop in June quarter net profit at Rs 1,501.65 crore.<\/p>\n<p>The nation&#8217;s second largest oil refiner and fuel marketing company had a net profit of Rs 2,076.17 crore in April-June 2020-21, the company said in a regulatory filing. <\/p>\n<p>The profit was lower as a sharp movement in oil prices &#8211; from $19-20 per barrel to $40 &#8211; in April-June quarter of 2020 led to a spike in marketing margins. This year, the movement has been range-bound.<\/p>\n<p>Revenue from operations rose to Rs 89,687.12 crore in April-June this year from Rs 50,616.92 crore last year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) on Thursday reported 27.6 per cent drop in June quarter net profit at Rs 1,501.65 crore. The nation&#8217;s second largest oil refiner and fuel marketing company had a net profit of Rs 2,076.17 crore in April-June 2020-21, the company said in a regulatory filing. The profit was lower as a sharp movement in oil prices &#8211; from $19-20 per barrel to $40 &#8211; in April-June quarter of 2020 led to a spike in marketing margins. This year, the movement has been range-bound. Revenue from operations rose to Rs 89,687.12 crore in April-June this year [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-430494","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/430494","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=430494"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/430494\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=430494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=430494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=430494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}