{"id":504687,"date":"2022-07-12T10:35:15","date_gmt":"2022-07-12T05:05:15","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=504687"},"modified":"2022-07-12T10:35:15","modified_gmt":"2022-07-12T05:05:15","slug":"ioc-bpcl-hpcl-may-post-rs-10700-cr-loss-in-q1","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ioc-bpcl-hpcl-may-post-rs-10700-cr-loss-in-q1\/","title":{"rendered":"IOC, BPCL, HPCL may post Rs 10,700 cr loss in Q1"},"content":{"rendered":"<p>Indian Oil Corporation NSE -0.90 % (IOC NSE -0.90 %), Bharat Petroleum and Hindustan Petroleum NSE -3.25 % may post a combined loss of Rs 10,700 crore in June quarter on selling petrol and diesel at rates below cost, a report said on Monday.<\/p>\n<p>While the raw material (crude oil) prices soared in April-June, petrol and diesel prices were not revised, leading to marketing losses which offset strong refining margins, ICICI Securities NSE 0.14 % said in the report.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian Oil Corporation NSE -0.90 % (IOC NSE -0.90 %), Bharat Petroleum and Hindustan Petroleum NSE -3.25 % may post a combined loss of Rs 10,700 crore in June quarter on selling petrol and diesel at rates below cost, a report said on Monday. While the raw material (crude oil) prices soared in April-June, petrol and diesel prices were not revised, leading to marketing losses which offset strong refining margins, ICICI Securities NSE 0.14 % said in the report.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-504687","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/504687","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=504687"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/504687\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=504687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=504687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=504687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}