Indian refiner BPCL's Q3 profit misses estimates on lower margins, LPG losses

The company, India's third-largest oil refiner by capacity, said its average gross refining margin for April-December fell to USD 5.95 per barrel from USD 14.72 per barrel a year earlier. BPCL does not give quarterly margin numbers.

Jan 23, 2025 - 14:02
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Indian refiner BPCL's Q3 profit misses estimates on lower margins, LPG losses
The company, India's third-largest oil refiner by capacity, said its average gross refining margin for April-December fell to USD 5.95 per barrel from USD 14.72 per barrel a year earlier. BPCL does not give quarterly margin numbers.