Shri Sanjay Khanna, Chairman & Managing Director, BPCL, with additional charge of Director (Refineries)
Mumbai, Maharashtra: Bharat Petroleum Corporation Limited (BPCL), a Fortune Global 500 company and Maharatna public sector undertaking, has reported a resilient operational and financial performance for the quarter and financial year ended March 31, 2026, despite a challenging global energy environment marked by volatile crude prices and shifting supply dynamics.
The company maintained operational stability across its refining and marketing businesses during the fourth quarter, ensuring uninterrupted fuel supply while strengthening its nationwide distribution network.
For the financial year 2025–26, BPCL’s performance was driven by sustained domestic energy demand, disciplined operations and strong momentum across key business segments. The company continued to invest in refining and marketing infrastructure, pipeline connectivity, city gas distribution and emerging energy opportunities, while expanding its presence in high-growth consumption centres.
BPCL reported a sharp rise in profitability during FY26. Standalone profit after tax surged by 75.54 per cent to ₹23,303 crore, compared to ₹13,275 crore in FY25. Consolidated profit after tax nearly doubled, rising 93.78 per cent to ₹25,843 crore from ₹13,337 crore in the previous year. Standalone EBITDA also grew by 51 per cent to ₹40,582 crore.
Operationally, the company achieved its highest-ever refinery throughput of 41.15 million metric tonnes (MMT) during FY26, with capacity utilisation reaching 117 per cent. Total sales also touched a record 55.72 MMT, while domestic market sales grew by 3.40 per cent to 54.18 MMT.
BPCL also improved its financial discipline, with the standalone debt-equity ratio declining significantly from 0.29 as of March 31, 2025, to 0.11 as of March 31, 2026.
In the fourth quarter of FY26, consolidated revenue from operations rose by 6.33 per cent to ₹1,34,948 crore, while EBITDA increased by 20.20 per cent to ₹10,574 crore. Net profit for the quarter grew by 28.07 per cent to ₹5,625 crore. On a standalone basis, revenue also rose by 6.33 per cent to ₹1,34,896 crore, though EBITDA and net profit saw marginal declines.
For the full financial year, consolidated revenue stood at ₹5,22,820 crore, marking a growth of 4.46 per cent over FY25. EBITDA increased by 57.08 per cent to ₹45,601 crore, while net profit rose sharply by 93.78 per cent. Standalone revenue also grew by 4.46 per cent to ₹5,22,668 crore, with EBITDA and net profit rising by 51.51 per cent and 75.54 per cent, respectively.
The company’s performance reflects its continued focus on operational efficiency, supply-chain resilience and expansion of future-ready energy infrastructure amid evolving global energy markets.
–Made from Press release
