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Informist, Friday, Jan. 23, 2026

 

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--Oct-Dec net profit INR 75.45 bln
--Analysts saw BPCL Oct-Dec net profit at INR 68.82 bln
--Oct-Dec revenue INR 1.37 tln
--Analysts saw BPCL Oct-Dec revenue at INR 1.08 tln
--Oct-Dec net profit INR 75.45 bln vs INR 46.49 bln year ago
--Oct-Dec revenue INR 1.37 tln vs INR 1.28 tln year ago
--To pay INR 10 per share interim dividend
--Interim dividend record date is Feb 2
--Apr-Dec net profit INR 201.12 bln vs INR 100.61 bln year ago
--Apr-Dec revenue INR 3.88 tln vs INR 3.74 tln year ago
--Apr-Dec average GRM $9.68/bbl vs $5.95/bbl year ago
--Oct-Dec refinery throughput 10.51 mln tn vs 9.54 mln tn year ago
--Oct-Dec domestic market sales 14.07 mln tn vs 13.43 mln tn year ago
--Oct-Dec operating margin 6.84% vs 4.19% year ago

 

By Afra Abubacker

 

NEW DELHI – Bharat Petroleum Corp. Ltd. reported a sharp on-year rise in its net profit for the December quarter, supported by strong refining margins, higher throughput, and improved domestic sales. The company's results beat analyst expectations on both top-line and bottom-line in the reporting quarter. 

 

The state-owned oil marketing company's standalone net profit for the December quarter rose over 62% on year to INR 75.45 billion, higher than the Street's view of INR 68.82 billion. The bottom line rose over 17% from the trailing quarter. BPCL's standalone revenue for Oct-Dec rose 7% on year and over 12% sequentially to INR 1.37 trillion, exceeding analysts' expectation of INR 1.08 trillion. 

 

The oil major's results improved during the quarter as its operating margin rose to 6.84% from 4.19% a year ago amid higher refinery throughput and domestic sales. Refinery throughput during Oct-Dec rose to 10.51 million tonnes from 9.54 million tonnes in the year-ago quarter, and domestic sales were up at 14.07 million tonnes from 13.43 million tonnes a year ago.

 

BPCL's average gross refining margin in the nine months ended Dec. 31 rose to $9.68 per barrel from $5.95 per barrel a year ago.

 

 

The state-owned company's total expenses, including excise duty, rose over 4% on year to INR 1.27 trillion during the reporting quarter. The cost of materials consumed rose 5.6% to INR 536.81 billion while other expenses rose nearly 10% to INR 70.53 billion. The company's inventory costs declined nearly 41% on year to INR 21.14 billion in the reporting quarter.

 

BPCL's net profit for the nine months ended Dec. 31 jumped almost 100% to INR 201.12 billion. The revenue during Apr-Dec was up nearly 4% on year at INR 3.88 trillion. The company's board approved an interim dividend of INR 10 per share for FY26, and the record date to ascertain who will receive the dividend is Feb. 2. 

 

The company declared its December quarter results after market hours on Friday. Shares of BPCL closed 1.4% lower at INR 349.15 on the National Stock Exchange.  End

 

US$1 = INR 91.95

 

Edited by Akul Nishant Akhoury

 

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