BPCL Q2 FY27 profit down 21% YoY to Rs 4,863 crore, revenue up 29%
FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM
BPCL reported a 21.45% year-on-year decline in Q2 FY27 profit to Rs 4,863.05 crore, despite 29.78% revenue growth. Sequential performance rebounded sharply from a quarterly loss, while the company approved a subsidiary for its proposed Andhra Pradesh refinery.
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishQuarterly results of a large Indian refiner with profit down year on year, relevant for the local energy sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Q2 FY27 net profit fell 21.45% year on year to Rs 4,863.05 crore.
- 02Revenue grew 29.78% despite the profit decline.
- 03The company approved a subsidiary for its proposed Andhra Pradesh refinery.