Bharat Petroleum Corporation Ltd (BPCL) reported a net profit of ₹3,214 crore for the March quarter, significantly ahead of the CNBC-TV18 poll estimate of ₹2,700 crore.
The state-run oil marketing company also delivered better than expected operational performance, with EBITDA at ₹7,765 crore versus a poll expectation of ₹5,257 crore, and operating margin improving to 7%, compared to the expected 4.6%.
On a sequential basis, however, profit declined 30.9% from ₹4,649 crore in Q3, while revenue fell slightly by 1.7% to ₹1.11 lakh crore, compared to ₹1.13 lakh crore in the previous quarter.
Still, EBITDA rose 2.4% quarter-on-quarter from ₹7,580 crore, with margins expanding from 6.7% to 7%. The company’s bottomline has shown resilience amid fluctuating crude prices and refining spreads.
Also read: Q4 Results Live Updates: Trent ends nearly 6% higher post results; BPCL reports net profit of ₹3,214 crore
BPCL’s board has recommended a final dividend of ₹5 per equity share, subject to shareholder approval.
Ahead of the results announcement, shares of BPCL closed flat on the BSE at ₹311.60, up 0.52%.
First Published: Apr 29, 2025 4:12 PM IST
