State-run Bharat Petroleum Corporation (BPCL) on Wednesday posted a consolidated net loss of around ₹1,873 crore during the West Asia conflict-impacted Q1 FY27 as PSU oil marketing companies (OMCs) largely kept retail prices of diesel, petrol and LPG stable, even as Brent crude prices surpassed the psychological mark of $100 per barrel.

BPCL reported a standalone loss of Rs 3,962 crore in the first quarter. Revenue from operations increased 23% year-on-year to Rs 1.59 lakh crore. Total expenses rose sharply to Rs…

Bharat Petroleum reports ₹3,962 crore loss due to high crude prices amid West Asia conflict, despite 23% revenue increase.

State-run oil companies HPCL and BPCL reported significant losses for the April-June quarter. This occurred as they sold petrol, diesel, and LPG below market rates. Elevated…

HPCL reports a net loss of ₹12,265 crore in Q1 FY27 due to rising crude prices amid the West Asia conflict.