BPCL expects oil consultation to start next month on the merger of PSU oil companies which will give a clearer picture of what government thinks, says Director-Finance, P Balasubramanian.
P Balasubramanian, director-finance at BPCL, says the December quarter was a good one, especially on the refining side
State-run oil retailer Bharat Petroleum Corporation (BPCL) has turned profitable with the third quarter net profit at Rs 551 crore against loss of Rs 1,089 crore in same quarter last fiscal. Higher other income and lower finance cost boosted profitability.