Bharat Petroleum’s Q2 profit more than doubles YoY fuelled with better refining margins
Image used for representation purpose only. | Photo Credit: Reuters State-owned refiner Bharat Petroleum’s net profit rose more than two and half times, or by 168.8%, on a year-over-year basis to ₹6,442.53 crore in the second quarter fuelled by better refining margins. Gross refining margins, which is the key indicator for profitability, increased approximately 27%…