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BPCL posts Rs 3,962 crore Q1 loss as high crude prices squeeze fuel margins

Times of India

BusinessTimes of India·Jul 22, 2026·1 min read

BPCL posts Rs 3,962 crore Q1 loss as high crude prices squeeze fuel margins

Bharat Petroleum Corporation Ltd reported a significant net loss for the April-June quarter. Elevated crude oil prices and regulated fuel rates severely impacted marketing margins. The company incurred substantial LPG under-recoveries and…

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