BPCL Reports Q4FY26 Results; PAT Jumps 28% YoY, EPS Rises To Rs 13.16

The Indian equity markets traded lower on Wednesday, with the benchmark Nifty 50 index declining 0.21 per cent to 23,568.95 during the session. Oil marketing and energy stocks remained in focus amid Q4 earnings announcements and developments in crude oil prices. In this segment, Bharat Petroleum Corporation (BPCL) gained 0.49 per cent to Rs 287.85 after the company announced its Q4FY26 and FY26 financial performance along with a final Dividend recommendation.

BPCL Q4FY26 Results

Bharat Petroleum Corporation reported consolidated revenue from operations of Rs 1,34,947.90 crore in Q4FY26 as against Rs 1,26,916.18 crore reported in Q4FY25, registering a growth of around 6.3 per cent YoY. Total income stood at Rs 1,35,898.51 crore during Q4FY26 compared to Rs 1,27,720.76 crore reported in Q4FY25, reflecting a growth of around 6.4 per cent YoY.

Profit before Tax stood at Rs 7,837.77 crore in Q4FY26 compared to Rs 5,986.76 crore reported in Q4FY25, registering a growth of around 30.9 per cent YoY. Profit for the period came in at Rs 5,624.54 crore during Q4FY26 as against Rs 4,391.83 crore reported in Q4FY25, reflecting a growth of around 28.1 per cent YoY. Earnings per share stood at Rs 13.16 during Q4FY26.

BPCL FY26 Annual Performance

For the financial year ended March 31, 2026, Bharat Petroleum Corporation reported consolidated revenue from operations of Rs 5,22,820.43 crore as against Rs 5,00,571.48 crore reported in FY25, registering a growth of around 4.4 per cent YoY. Total income stood at Rs 5,36,219.17 crore during FY26 compared to Rs 5,03,202.20 crore reported in the previous financial year, reflecting a growth of around 6.6 per cent YoY.

Profit before tax for FY26 stood at Rs 29,922.89 crore compared to Rs 20,608.68 crore reported in FY25, reflecting a growth of around 45.2 per cent YoY. Profit for the period came in at Rs 28,427.27 crore during FY26 as against Rs 12,378.94 crore reported in FY25, registering a growth of around 129.6 per cent YoY. Earnings per share stood at Rs 65.98 during FY26.

Operational Highlights

BPCL’s refinery throughput stood at 10.40 MMT during Q4FY26 compared to 10.58 MMT reported in Q4FY25. Total sales volume increased to 14.21 MMT during the quarter compared to 13.72 MMT reported in the corresponding quarter previous year. Domestic petroleum product sales stood at 13.86 MMT during Q4FY26.

For FY26, refinery throughput stood at 41.15 MMT compared to 40.51 MMT reported in FY25, while total sales volume increased to 55.72 MMT from 53.63 MMT reported in the previous financial year. Gross Refining Margin before factoring impact of Special Additional Excise Duty and Road & Infrastructure Cess stood at USD 11.74 per barrel during FY26 compared to USD 6.82 per barrel in FY25.

Dividend Announcement

The Board of Directors recommended a final dividend of Rs 5 per equity share for FY26, subject to approval of shareholders at the ensuing Annual General Meeting.

About BPCL

Bharat Petroleum Corporation Ltd is a state-owned oil refining and marketing company engaged in refining crude oil and marketing petroleum products including LPG, petrol, diesel, aviation turbine fuel and lubricants across domestic and international markets.

What are your views on BPCL’s FY26 performance and refining margin expansion? Share your thoughts in the comments below.
Disclaimer: This article is for informational purposes only and not investment advice.