{"id":512622,"date":"2022-08-08T09:24:44","date_gmt":"2022-08-08T03:54:44","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=512622"},"modified":"2022-08-08T09:43:53","modified_gmt":"2022-08-08T04:13:53","slug":"bpcl-q1-net-loss-at-rs-6291-cr-on-holding-fuel-prices-despite-rise-in-cost","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bpcl-q1-net-loss-at-rs-6291-cr-on-holding-fuel-prices-despite-rise-in-cost\/","title":{"rendered":"BPCL Q1 net loss at Rs 6,291 cr on holding fuel prices despite rise in cost"},"content":{"rendered":"<p>Bharat Petroleum Corporation Ltd (BPCL) on Saturday reported a net loss of Rs 6,291 crore in the first quarter of current fiscal on holding fuel prices despite rise in cost.<\/p>\n<p>Net loss of Rs 6,290.8 crore in April-June compared with Rs 3,192.58 crore in the same period a year back, the company said in a statement.<\/p>\n<p>Revenue from operations rose to Rs 1.38 lakh crore from Rs 89,688.98 crore in April-June 2021.<\/p>\n<p>The company earned USD 27.51 on turning every barrel of crude oil into fuel in the quarter as against USD 4.12 per barrel gross refining margin a year back.<\/p>\n<p>But this was negated by losses that incurred because of holding fuel prices despite rising cost.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bharat Petroleum Corporation Ltd (BPCL) on Saturday reported a net loss of Rs 6,291 crore in the first quarter of current fiscal on holding fuel prices despite rise in cost. Net loss of Rs 6,290.8 crore in April-June compared with Rs 3,192.58 crore in the same period a year back, the company said in a statement. Revenue from operations rose to Rs 1.38 lakh crore from Rs 89,688.98 crore in April-June 2021. The company earned USD 27.51 on turning every barrel of crude oil into fuel in the quarter as against USD 4.12 per barrel gross refining margin a 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-512622","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\/512622","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=512622"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/512622\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=512622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=512622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=512622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}