Bharat Petroleum Corporation Limited — Important, 25-10-2024: Financial Result Updates

Bharat Petroleum Corporation Limited (BPCL) reported its unaudited financial results for the quarter and half-year ending September 30, 2024. Total income was ₹2,47,450.49 crores with a net profit of ₹5,412.00 crores. Challenges in achieving desired refining margins were noted, with a reported Average Gross Refining Margin of $6.12 per barrel, significantly lower than the previous year. The company also highlighted compliance issues regarding board composition as per SEBI regulations.