BPCL quarterly results and annual financials: sales, operating profit, OPM, net profit, EPS, balance sheet, cash flow and ratios like ROCE, with YoY and QoQ growth.
Bharat Petroleum Corporation Ltd reported sales of ₹1,49,080 Cr, operating profit of ₹8,973 Cr (OPM 6%) and net profit of ₹4,863 Cr for the quarter ended Sep 2026. Figures in ₹ crore, consolidated where available.
BPCL quarterly results (₹ Cr)
Metric
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Sales
1,13,166
1,11,230
1,12,551
1,04,946
1,19,029
1,18,701
1,51,277
1,49,080
Expenses
1,05,710
1,03,494
1,02,874
95,185
1,07,343
1,09,067
1,55,332
1,40,108
Operating Profit
7,456
7,737
9,678
9,761
11,687
9,634
-4,055
8,973
OPM
7%
7%
9%
9%
10%
8%
-2.7%
6%
Other Income
548
1,061
1,840
1,375
687
940
3,535
675
Interest
861
919
758
833
657
705
627
991
Depreciation
1,810
1,982
1,889
1,958
1,979
2,031
2,069
2,097
Profit before tax
5,333
5,897
8,872
8,345
9,737
7,838
-3,216
6,560
Tax
29%
26%
23%
26%
26%
28%
-42%
26%
Net Profit
3,806
4,392
6,839
6,191
7,188
5,625
-1,873
4,863
EPS in Rs
8.77
10.12
15.76
14.27
16.57
12.96
-4.32
11.21
BPCL profit & loss, annual (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
TTM
Sales
3,46,791
4,73,187
4,48,083
4,40,272
4,55,228
5,38,088
Expenses
3,27,654
4,62,288
4,04,001
4,14,870
4,14,026
5,11,849
Operating Profit
19,137
10,899
44,082
25,401
41,202
26,238
OPM
6%
2.3%
10%
6%
9%
4.9%
Other Income
4,939
2,554
3,032
3,629
4,399
5,836
Interest
2,606
4,263
4,149
3,591
2,953
2,980
Depreciation
5,434
6,369
6,771
7,257
7,856
8,175
Profit before tax
16,037
2,821
36,194
18,182
34,791
20,919
Tax
27%
24%
26%
27%
26%
-
Net Profit
11,682
2,131
26,859
13,337
25,843
15,803
EPS in Rs
26.93
4.91
61.91
30.74
59.57
36.42
Dividend Payout
29%
40%
33%
32%
29%
-
BPCL balance sheet (₹ Cr)
Metric
Mar 2024
Mar 2025
Sep 2025
Mar 2026
Sep 2026
Equity Capital
2,136
4,273
4,273
4,273
4,273
Reserves
73,499
77,112
89,663
95,898
97,191
Borrowings
54,599
61,101
52,967
54,424
63,075
Other Liabilities
72,184
75,898
81,065
94,021
96,980
Total Liabilities
2,02,418
2,18,382
2,27,967
2,48,616
2,61,519
Fixed Assets
86,798
88,628
1,01,931
93,624
1,15,148
CWIP
20,204
26,387
15,333
32,911
21,385
Investments
26,631
26,531
29,959
30,136
34,001
Other Assets
68,785
76,837
80,744
91,945
90,986
Total Assets
2,02,418
2,18,382
2,27,967
2,48,616
2,61,519
BPCL cash flows (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
Cash from Operating Activity
20,336
12,466
35,936
23,678
50,769
Cash from Investing Activity
-8,138
-7,806
-10,521
-19,180
-26,067
Cash from Financing Activity
-17,672
-4,402
-25,427
-6,241
-24,940
Net Cash Flow
-5,474
257
-12
-1,743
-238
Free Cash Flow
12,643
3,960
26,391
8,574
31,476
CFO/OP
115%
121%
101%
109%
143%
CFO/EBITDAShare of operating profit converting into cash: CFO (before tax) / Operating Profit