Delivers Stellar All-Round Performance in Q2 FY26
Bharat Petroleum Corporation Limited (BPCL), one of India’s leading energy companies, has announced its financial results for the Q2 and half year of FY 26, showcasing a robust operational and financial performance.
On standalone basis, BPCL achieved a revenue of ₹1,21,570.90 crore for the Q2 of FY 26, reaffirming its market leadership. Profit After Tax (PAT) was ₹6,442.53 crore in Q2 of FY 26, marking a 169% increase as compared to ₹2,397.23 crore in the corresponding quarter of the previous fiscal year.
On a standalone basis, BPCL achieved a revenue of ₹2,51,148.79 crore for half year FY 26 and a half yearly Profit After Tax (PAT) of ₹12,566.46 crore in FY 2026 as compared to ₹5,412 crore in corresponding period of previous fiscal year showing a remarkable 132% jump over last year.
Key Highlights – Q2 FY2025-26
•Refinery Throughput: Achieved 9.82 million metric tonnes (MMT) with a capacity utilization of 111%, compared to 10.28 MMT in Q2 FY25.
•Domestic Market Sales: Registered quarterly domestic sales of 12.67 MMT, a growth of 2.26% over 12.39 MMT in Q2 FY25.
•Gross Refining Margin (GRM): Reported strong GRM of $10.78 per barrel, compared to $4.41 per barrel in the same quarter last year.
•Dividend: Announced interim dividend of Rs 7.5 per equity share
Q2 FY26 FINANCIAL HIGHLIGHTS
(Rs. Cr.)
ConsolidatedStandalone
Q2FY26Q2FY25% ChangeQ2FY26Q2FY25% Change
Revenue from Operations1,21,6051,17,9493.10%1,21,5711,17,9173.10%
EBITDA 11,1365,79592.17%10,9685,436101.76%
Net Profit6,1912,297 169.52%6,4432,397168.75%
Key Highlights – H1 FY2025-26
•Refinery Throughput: Achieved 20.24 million metric tonnes (MMT) with a capacity utilization of 115%, compared to 20.39 MMT in H1 of FY25.
•Domestic Market Sales: Registered Half yearly domestic sales of 26.25 MMT, marking a growth of 2.74% over 25.55 MMT in H1 FY25.
•Gross Refining Margin (GRM): Reported strong GRM of $7.77 per barrel for H1 FY 2026, compared to $6.12 per barrel in the same period last year.
•H1 FY26 FINANCIAL HIGHLIGHTS
(Rs. Cr.)
ConsolidatedStandalone
H1FY26H1FY25% ChangeH1FY26H1FY25% Change
Revenue from Operations2,51,2192,46,0552.10%2,51,1492,45,9902.10%
EBITDA 22,65412,22985.25%21,380 11,59284.43%
Net Profit 13,0315,139 153.57%12,5665,412132.20%
Fortune Global 500 Company, Bharat Petroleum is the second largest Indian Oil Marketing Company and one of the integrated energy companies in India, engaged in refining of crude oil and marketing of petroleum products, with presence in the upstream and downstream sectors of the oil and gas industry. The company attained the coveted Maharatna status, joining the club of companies having greater operational & financial autonomy.
Bharat Petroleum’s Refineries at Mumbai, Kochi and Bina have a combined refining capacity of around 35.3 MMTPA. Its marketing infrastructure includes a network of installations, depots, fuel stations, aviation service stations and LPG distributors. Its distribution network comprises over 23,500+ Fuel Stations, over 6,200+ LPG
distributorships, 500+ Lubes distributorships, 80 POL storage locations, 54 LPG Bottling Plants, 79 Aviation Service Stations, 5 Lube blending plants and 5 cross-country pipelines.
Bharat Petroleum is integrating its strategy, investments, environmental and social ambitions to move towards a sustainable planet. The company has Electric vehicle charging stations at 6500+ Fuel Stations.
With a focus on sustainable solutions, the company is developing an ecosystem and a road-map to become a Net Zero Energy Company by 2040, in Scope 1 and Scope 2 emissions. Bharat Petroleum has been partnering communities by supporting several initiatives connected primarily in the areas of education, water conservation, skill development, health, community development, capacity building and employee volunteering. With ‘Energising Lives’ as its core purpose, Bharat Petroleum’s vision is to be an admired global energy company leveraging talent, innovation & technology.
