Stockrabit · Analysts
Questions across 2 calls

Sumeet Rohra

Marks & Capital

Bharat Petroleum Corporation Limited

Bharat Petroleum Corporation Limited CC-Jun24.pdf · 2024-07-20
Thank you very much for doing this on a Saturday. Sir, my question more is on the LPG front, so as you mentioned that LPG is a controlled product by the Government of India. So, sir, can you first quantify is that -- what's the amount of LPG under recovery you have taken in this quarter? Is it INR2,900 crores. Am I right on that?
Understand. But sir, now -- I mean, as a matter of fact, is that, see my question to you is more as an investor rather than anything else. How do we look at it? Because since it is a controlled product, it's obviously going to be compensated to you as it's always been in the past. So assuming that it's done, so you would reverse it immediately in this quarter? I mean, is the understanding correct? Or would you...
Bharat Petroleum Corporation Limited CC-Sep24.pdf · 2024-07-20
Thank you very much for doing this on a Saturday. Sir, my question more is on the LPG front, so as you mentioned that LPG is a controlled product by the Government of India. So, sir, can you first quantify is that -- what's the amount of LPG under recovery you have taken in this quarter? Is it INR2,900 crores. Am I right on that?
Understand. But sir, now -- I mean, as a matter of fact, is that, see my question to you is more as an investor rather than anything else. How do we look at it? Because since it is a controlled product, it's obviously going to be compensated to you as it's always been in the past. So assuming that it's done, so you would reverse it immediately in this quarter? I mean, is the understanding correct? Or would you...