Mumbai, Aug 13
Bharat Petroleum Corporation Limited (BPCL) on Wednesday reported a consolidated net profit of Rs 6,839.02 crore for the April–June 2025 quarter (Q1 FY26), a jump of 140.67 per cent compared to Rs 2,841.55 crore in the same period previous fiscal (Q1 FY25).
The state-owned Maharatna company’s consolidated revenue from operations stood at Rs 1,29,614.69 crore in Q1 FY26, slightly higher than Rs 1,28,106.39 crore recorded in the year-ago period -- reflecting a growth of about 1 per cent, according to its stock exchange filing.
BPCL’s overall expenses during the quarter fell 2 per cent year-on-year (YoY) to Rs 1,22,583.43 crore.
The operating margin soared to 6.32 per cent in quarter under review compared with 2.68 per cent in the same period previous financial year and 4.09 per cent in the previous quarter.
Last week, the Union Cabinet approved a Rs 30,000 crore LPG subsidy for state-run oil companies -- Indian Oil Corporation (IOC), BPCL, and Hindustan Petroleum (HPCL).
This is to compensate them for losses suffered from selling LPG at prices lower than the cost for the past 15 months.
According to the official statement, the subsidy will be paid to these oil marketing companies in 12 installments.