BPCL: Revenue up 23% YoY, but net loss of ₹1,873 crore on weak marketing margins and JV gains
Revenue grew 23% year-over-year to ₹1,59,527 crore, but the quarter ended with a net loss of ₹1,873 crore due to suppressed marketing margins, despite strong refining margins and exceptional income from a JV acquisition. Debt-equity and coverage ratios weakened.Original document: Bharat Petroleum C…