Bharat Petroleum Corporation Ltd (BPCL) announced its Q3 2026 results with a profit of ₹7,188.40 Crore. The Board declared a second interim dividend of ₹10 per share. Revenue from operations stood at ₹136,653.12 Crore. The company’s average Gross Refining Margin (GRM) for the nine months ended December 31, 2025, was $9.68 per barrel.
Financial Performance in Q3 2026
Bharat Petroleum Corporation Limited (BPCL) reported a profit of ₹7,188.40 Crore for the quarter ended December 31, 2025. Revenue from operations reached ₹136,653.12 Crore. The company’s performance reflects its operational strength and market position in the oil and gas sector.
Dividend Announcement
The Board of Directors has declared a second interim dividend of ₹10 per equity share. This decision aims to reward shareholders and reflects the company’s confidence in its financial health. The dividend will be paid through electronic mode on or before February 21, 2026 to shareholders who are on record as of February 2, 2026.
Segment Highlights
BPCL’s downstream petroleum segment continues to be a key revenue driver, with revenue reaching ₹136,623.06 Crore. The exploration and production of hydrocarbons segment also contributed, with revenue totaling ₹30.06 Crore. The company’s strategic investments in these areas are expected to drive future growth.
Gross Refining Margin
For the nine months ended December 31, 2025, BPCL’s average Gross Refining Margin (GRM) was $9.68 per barrel. This figure demonstrates the company’s refining efficiency and its ability to capitalize on market opportunities. GRM is a critical indicator of profitability in the refining business.
Physical Performance
The refinery throughput for the quarter was 10.51 MMT. Domestic sales reached 14.07 MMT, reflecting a growth in the domestic market. BPCL’s focus on expanding its market presence and optimizing its operations has contributed to these results.
Source: BSE
