New Delhi, July 22: State-owned Bharat Petroleum Corporation Ltd (BPCL) today reported a net loss of ₹3,962.13 crore in the June quarter of the current financial year 2027.
The compared had a profit of ₹3,333.97 crore in the same period a year back, according to a stock exchange filing by the company.
The company said the losses on fuel sales negated the gains it made on refinery margins but did not quantify these losses.
“The loss…is mainly due to suppressed marketing margin on certain petroleum products which was partially offset by higher refining margin,” it said.
The company did not disclose the margins it earned on turning every barrel of crude oil into fuels like petrol and diesel.
Revenue from operations rose to ₹1.59 lakh crore in April-June from ₹1.35 lakh crore last year.
The company sold 13.62 million tonnes of petroleum products in the quarter, down marginally from 13.86 million tonnes last year.
Its refineries turned 10.15 million tonnes of crude oil into fuel, down from 10.40 million tonnes in Q1 2025-26. (BVI)
