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BPCL reports an 8% drop in Q4 net profit due to lower refining margins, but sees sequential growth.
Bharat Petroleum Corporation (BPCL) reported an 8% drop in net profit for Q4 FY25 to ₹4,392 crore, due to lower refining margins and LPG sales under-recoveries.
Despite this, the company saw a 15.4% sequential growth in net profit, with market sales up 1.8%.
BPCL's gross refining margin for the year fell to $6.82 per barrel.
The company aims to increase petrochemicals to 8% of its portfolio by 2028-29 and has partnered with Sembcorp to explore renewable energy projects.
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BPCL informa de una caída del 8% en el beneficio neto del cuarto trimestre debido a menores márgenes de refinación, pero ve un crecimiento secuencial.