BPCL Q4 Results: A Trifecta Of Troubles Amounts To Rs 1,361 Crore Loss

BPCL reported loss of Rs 1,361 crore in the March quarter on the back of revenue that fell 7.7% year-on-year to Rs 68,991 crore.

An attendant sits between two fuel pumps at a Bharat Petroleum Corp. gas station in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

State-run refiner Bharat Petroleum Corp. Ltd. reported larger-than-expected quarterly loss on Wednesday as it was hit by a trifecta of weak refining margins, inventory losses and lower sales due to the Covid-19 lockdown.

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