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20-Jul-2024

Bharat Petroleum Corporation

GRM stood at US$10.11 per barrel in Q1


'Consolidated net sales (including other operating income) of Bharat Petroleum Corporation has increased 0.10% to Rs 113094.92 crore.  Sales of Downstream Petroleum segment has gone down 0.13% to Rs 1,28,072.43 crore (accounting for 99.97% of total sales).  Sales of Exploration & Production of Hydroca segment has gone up 13.05% to Rs 33.96 crore (accounting for 0.03% of total sales).

Market sales for the quarter ended 30th June 2024 is 13.16 MMT as compared to 12.75 MMT for the quarter ended 30th June 2023. Increase is mainly in MS-Retail (6.38%); LPG (4.45%) and ATF (14.53%).

Refining throughput for the quarter April-June 2024 was 10.11 MMT Vs 10.36 MMT in the corresponding comparative quarter.

The Average Gross Refining Margin (GRM) of the Corporation for quarter ended 30th June 2024 is$ 7.86 per barrel (April-June 2023: $ 12.64 per barrel, this is before factoring the impact of Spec...



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