BPCL reports net loss of Rs 2561.89 crore in Q1

Bharat Petroleum Corporation (BPCL) has reported unaudited results for the first quarter ended June 30, 2011.

The company has reported a net loss of Rs 2561.89 crore as compared to a net loss of Rs 1718.10 crore for the corresponding quarter last year. Its total income increased 34.77% at Rs 46,566.93 crore for the quarter under review from Rs 34,553.40 crore for the same quarter last year.

BPCL is into exploration, production and retailing of petroleum and petrol related products. The retail business unit of BPCL is into marketing of petrol, diesel and kerosene.