Margins stable; daily under recoveries stand at Rs 90 cr: BPCL
In a chat with NDTV Profit's Ira Dugal, S Varadarajan, Director Finance, BPCL, shared his views on how the company is dealing with the volatility in the crude oil prices. "Our margins have been steady. Our under recovery in FY12 has been around Rs 33000 crore, on diesel the stand at Rs 9.2 a liter. Our daily under recoveries stand at around Rs 90 crore," he said.
