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via thehindubusinessline.comBusiness & Companies

BPCL Q2 net profit falls 22% as EBITDA slips

FROM THE WIRE · THEHINDUBUSINESSLINE.COM

BPCL Q2 net profit down 22.5% as EBITDA slides despite revenue rise amid price freeze and higher costs.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishWeak quarterly results at an Indian oil major, tied to frozen fuel prices.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01BPCL's Q2 net profit fell 22.5% year on year.
  2. 02EBITDA declined despite a rise in revenue.
  3. 03The price freeze and higher costs weighed on results.

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