Key facts: BPCL Q4 profit flat after impairment; Russian crude 31%
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- BPCL posted flat Q4 net profit after an upstream asset impairment. It reported losses from selling petrol, diesel and LPG below cost and warned bigger impact may show in Q1. 1
- BPCL raised Russian crude processing to 31% in the March quarter, up from 25% in December — a 6 percentage-point increase in feedstock mix. 2