Bharat Petroleum Corporation Limited (BPCL) announced its Q3 2026 financial results, highlighted by a revenue from operations of ₹136,623.06 crore. The Board declared a second interim dividend of ₹10 per equity share. The company’s Average Gross Refining Margin (GRM) for the nine months ended December 31, 2025, stood at $9.68 per barrel. The results reflect BPCL’s performance in a dynamic market environment.
Financial Performance Highlights
BPCL reported a revenue from operations of ₹136,623.06 crore for Q3 2026. The total income for the quarter reached ₹137,373.20 crore. The company’s net profit for the period was ₹7,545.27 crore. The earnings per share stood at ₹17.66. For the nine months ended December 31, 2025, the revenue from operations was ₹387,771.85 crore.
Dividend Declaration
The Board of Directors declared a second interim dividend of ₹10 per equity share with a face value of ₹10 each, which is 100% for the financial year 2025-26. The dividend will be paid through electronic mode on or before February 21, 2026. The record date for determining eligibility for the dividend is February 2, 2026.
Segmental Performance
The Downstream Petroleum segment reported a profit before tax, other income, and finance costs of ₹9,971.54 crore for the quarter. The Exploration & Production of Hydrocarbons segment reported a loss of ₹222.60 crore before tax, other income and finance costs. Total segment assets stood at ₹231,864.21 crore as of December 31, 2025.
Key Financial Ratios
The company’s debt-equity ratio stood at 0.06 as of December 31, 2025. The debt service coverage ratio was 30.64 times. The net worth of the company reached ₹96,171.35 crore. The current ratio stood at 0.92.
Operational Highlights
The refinery throughput for Q3 2026 was 10.51 MMT. Market sales for the quarter were 14.07 MMT, with domestic sales growth of 4.76%. The Average Gross Refining Margin (GRM) for the nine months ended December 31, 2025, was $9.68 per barrel.
Source: BSE
