Name: Latest research reports of Bharat Petroleum Corporation Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Bharat Petroleum Corporation Ltd.
Rating: 4
Author: ICICI Securities Limited

A bad quarter, but FY24E can bring better tidings

Accumulate: Bharat Petroleum Corporati...

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ICICI Securities Limited

Bharat Petroleum Corporation’s (BPCL) Q2FY23 standalone recurring EBITDA loss of Rs41.5bn and net loss of Rs58.8bn beat our estimates of EBITDA loss of Rs50.9bn and
net loss of Rs68.7bn.