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State-owned oil-marketing company Bharat Petroleum posted a loss of about ₹3,962 crore in the June-end quarter that was entirely marred by elevated crude prices because of the conflict in West Asia.

Benchmark global crude prices during the period stayed elevated as the conflict disrupted the supply route, that is, the Strait of Hormuz that accounts for one-fifth of the global energy trade.

The Mumbai-headquartered refiner’s revenues although increased more than 23% on a year-over-year basis to approximately ₹1.61 lakh crore.

As for its physical performance, refinery throughput stayed was nearly similar in the June-end quarter at 10.15 million metric tonnes (MMT) compared to 10.42 MMT in the comparable period last year.

Domestic sales rose from 0.04 MMT to 13.62 MMT whilst exports rose 0.06 MMT to 0.51 MMT.

Its peer Hindustan Petroleum is scheduled to post their financial results later in the day.

Indian Oil is scheduled to publish their results on July 31.

Published - July 22, 2026 05:44 pm IST