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After record profits, state-owned fuel retailers Indian Oil, BPCL and HPCL see profit slump in Q1

IOC, BPCL and HPCL posted up to 90 per cent slump in their June quarter earnings as margins fell an…

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BPCL shares rally 5% after earnings announcement

On the NSE, it climbed 5 per cent to Rs 621.95. BPCL on Thursday reported a 30 per cent fa…

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BPCL Q3 net profit jumps 82% on higher refining, market margins

State-owned Bharat Petroleum Corporation Ltd (BPCL) on Monday reported an 82% jump in its December …

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Stock market closing: Sensex dips 280 points to close in red, Nifty closes 0.27% down

HDFC Life (up by 4.36%), Tech Mahindra (up by 3.12%), BPCL (up by 2.91%), NTPC (up by 2.67%) and Ta…

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BPCL bounces back with Rs. 8,501cr profit in July-Sep 2023 quarter

Bharat Petroleum Corporation Ltd (BPCL) on Friday reported a consolidated net profit for Q2 FY 23-2…

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Oil cos losing close to Rs 3 a litre on diesel, profit on petrol down

State-owned fuel retailers are losing close to Rs 3 per litre on selling diesel while the profit on…

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Stock market today: India VIX up by 3%, NTPC, BPCL take lead in early morning trade

Ahead of the budget, which is set to be presented tomorrow, all broad market indices opened the day…

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BPCL swings to profit of ₹10,644 cr in Q1 aided by freeze on retail selling prices

The consolidated net profit of ₹ 10,644.30 crore in April-June (first quarter of current 2023-24 fi…

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IOC Q2 net profit jumps to Rs 12,967 cr; half yr profit tops best-ever full-year earning

State-owned Indian Oil Corporation (IOC) on Tuesday reported a return to profitability with a net p…

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IndianOil posts multifold growth in Q1, net profit at ₹14,735 crore beats estimates

India’s largest oil marketing company Indian Oil posted a multifold rise in consolidated net profit…

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Bharat Petroleum reports 93% increase in its standalone net profit for April-June quarter

Bharat Petroleum Corporation Ltd (BPCL), the highlight among the host of state-run companies put on…

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Sensex, Nifty50 rise in morning trade led by metal, energy and IT stocks: Adani Enterprises top gainer

India’s benchmark indices Sensex and Nifty50 are likely to open in the green amidst mixed global cu…

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BPCL Q3 net trebles on reduction in inventory losses

An inventory loss is recorded when a company buys raw material (crude oil) at a given price but by…

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BPCL net trebles to Rs 2,051 cr in Q3

BPCL had posted a net profit of Rs 698.62 crore in October-December 2018, the company said in a re…

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Nifty50 set to clock 10% increase in profit in Q3; banks likely to outperform

Yet another earnings season has begun, as always, with IT services companies reporting a mixed set …

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Petrol and diesel prices go up for the sixth time in May, crosses ₹100-mark in Maharashtra, MP and Rajasthan

This was the sixth increase in prices since May 4, when the state-owned oil firms ended an 18…

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Top stocks to watch today—IndiGo, SpiceJet, Hero MotoCorp, BPCL, Tata Steel, Glenmark Pharma and others

Amid mixed cues from the global market, Indian stock-market indices are likely to open lower on Fri…

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Bharat Petroleum Corp's profits have jumped 95%

Bharat Petroleum Corp Ltd, a state-run oil marketer, said after quarterly profit nearly doubled on …

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Mukesh Ambani might net billions by selling a stake in his refinery business to the ‘world’s most profitable company’

Markets responded positively to the news, with Reliance's share price up by more than 2% at t…

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4 mins read

Headroom to cut petrol and diesel prices by ₹2-3 per litre: Icra

A reduction in crude oil prices in recent weeks has improved margins on retail auto fuels, providin…