BPCL Declares ₹7.5 Interim Dividend As Q2 FY26 Profit Surges 170% YoY To ₹6,191 Crore

Mumbai, October 31, 2025: Bharat Petroleum Corporation Ltd (NSE: BPCL, BSE: 500547) announced a robust financial performance for the period from July to September in FY26 on Friday. The company posted a consolidated net profit of ₹6,191.49 crore, significantly higher than last year’s Q2 FY25 consolidated net profit of ₹2,297.23 crore, supported by improved refining margins and good contributions from joint ventures.

The company reported revenue from operations of ₹1,21,604.70 crore for the year, slightly higher than ₹1,17,948.75 crore in the previous year. EBITDA margin improved, supported by a stronger gross refining margin of ₹646 per barrel, up from ₹510, which significantly boosted overall profitability.

Key Financial Highlights (Consolidated)

The company delivered a robust performance in the second quarter of FY26, with revenue rising 3.1% year-on-year to ₹1,21,604.7 crore. Profit before tax surged 169.8% to ₹8,344.6 crore, while net profit climbed 169.5% to ₹6,191.5 crore, reflecting strong operational momentum and improved margins.

Earnings per share stood at ₹14.49. The downstream petroleum segment was the key growth driver, recording a profit before tax of ₹8,079.2 crore. On the operational front, refining throughput reached 9.82 million metric tonnes, while domestic sales rose 2.26% to 12.67 million metric tonnes.

Dividend And Record Date

For FY26, the Board of Directors’ dividend committee declared an interim dividend of ₹7.5 per equity share (75% of the face value of ₹10 per equity share). The record date has been fixed as November 7, 2025, and payment will be made on or before November 29, 2025, through electronic mode.

Balance Sheet Snapshot

In the first half of FY26, the company’s financial position strengthened notably, with total assets rising to ₹2,27,966.8 crore and debt reducing by over ₹8,000 crore to ₹43,073.3 crore. Robust operating cash flows of ₹21,313 crore further improved the debt-to-equity ratio to 0.46x.

Stock Performance Of The Company

As of 31 October 2025, the share price of Bharat Petroleum Corporation Ltd closed at ₹357.05, down 0.55 or 0.15% from its previous close of ₹357.60. The share opened at ₹358 and traded between ₹355.10 and ₹360.55, the high and low for the session.

Management Commentary

V. R. K. Gupta, BPCL’s finance director, said the company’s strong quarterly results really come down to steady refinery operations, sharper marketing, and rising demand. He also pointed out that the interim dividend indicates the Board is confident in BPCL’s cash flow and growth plans.

REF: https://nsearchives.nseindia.com/corporate/BPCL22_31102025153139_s1stexchresultss.pdf

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