BPCL on Wednesday reported a standalone loss of Rs 3,962 in the first quarter. The company had reported a profit of Rs 6,124 crore in the last year quarter. Revenue from operations in the reporting period increased 23% YoY to Rs 1.59 lakh crore.
Total income stood at Rs 1.6 lakh crore, compared with Rs 1.30 lakh crore in the year-ago period and Rs 1.36 lakh crore in the previous quarter. The company's total expenses rose sharply to Rs 1.66 lakh crore from Rs 1.22 lakh crore a year earlier. In the March quarter, total expenses stood at Rs 1.27 lakh crore.