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Article: India : BPCL reports net loss of INR 159 crore.(Financial report)

Article from:
TendersInfo
Article date:
November 4, 2009
Copyright

Byline: manish03

Bharat Petroleum Corporation reported a net loss of INR 158.8 crore for Q2 ended September 30th 2009, largely because the government did not issue it bonds to compensate for losses on cooking fuel sales.

Bharat Petroleum s losses in the July to September quarter narrowed to INR 158.8 crore from INR 2,625.3 crore a year ago. Its turnover fell by 27.9% to INR 27,513.4 crore from INR 38,148.7 crore on a dip in price it realized for the ...

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