'Consolidated net
sales (including other operating income) of Bharat Petroleum Corporation has
declined 1.32% to Rs 116554.73 crore.
Operating profit margin has declined from 9.38% to 7.86%, leading to
17.39% decline in operating profit to Rs 9,157.53 crore. Raw material cost as a % of total sales (net
of stock adjustments) increased from 46.29% to 49.13%. Purchase of finished goods cost fell from
38.69% to 36.09%. Employee cost
increased from 0.71% to 0.74%. Other
expenses rose from 5.00% to 6.08%.
BPCL gross refining
margins (GRM) for the quarter January-March 2024 was $12.48 per barrel Vs
$20.58 per barrel in the corresponding comparative quarter.
Refining throughput
for the quarter January-March 2024 was 10.36 MMT Vs 10.63 MMT in the
corresponding comparativ...
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