BPCL FY26 Results: Consolidated PAT Surges 94% to ₹25,843 Cr, Standalone PAT Up 75.5%

Mumbai: Bharat Petroleum Corporation Limited (BPCL) today reported its audited financial results for the quarter and year ended March 31, 2026, registering a massive 93.8% growth in consolidated Profit After Tax (PAT).

The company's board, which met on May 19, 2026, approved the standalone and consolidated results. The statutory auditors have issued unmodified opinions on both.

Key Financial Highlights (Standalone, FY26 vs FY25)

Revenue from Operations: ₹5,22,668.25 crore (up 4.46% from ₹5,00,371.25 crore)
Profit Before Tax (PBT): ₹31,104.00 crore (up 76.1% from ₹17,664.33 crore)
Profit After Tax (PAT): ₹23,303.22 crore (up 75.5% from ₹13,275.26 crore)
EPS (Basic & Diluted): ₹54.54 (vs ₹31.07)

Key Financial Highlights (Consolidated, FY26 vs FY25)

Revenue from Operations: ₹5,22,820.41 crore (up 4.46% from ₹5,00,517.48 crore)
Profit Before Tax (PBT): ₹34,791.24 crore (up 91.4% from ₹18,182.30 crore)
Profit After Tax (PAT): ₹25,843.45 crore (up 93.8% from ₹13,336.55 crore)
Consolidated EPS: ₹60.49 (vs ₹31.21)

Q4 FY26 Performance (Standalone, Jan–Mar 2026)

Revenue from operations stood at ₹1,34,896.40 crore in Q4 FY26, up 6.33% from ₹1,26,864.93 crore in Q4 FY25. Profit After Tax stood at ₹3,191.49 crore versus ₹3,214.06 crore. Basic EPS for the quarter was ₹7.47 as against ₹7.52.

Q4 FY26 Performance (Consolidated, Jan–Mar 2026)

Revenue from operations stood at ₹1,34,947.90 crore in Q4 FY26, up 6.33% from ₹1,26,916.18 crore in Q4 FY25. Profit After Tax rose to ₹5,624.54 crore from ₹4,391.83 crore, a growth of 28.1%. Basic EPS for the quarter was ₹13.16 as against ₹10.28.

Physical Performance

For the full year FY26, refinery throughput stood at 41.15 MMT compared to 40.51 MMT in FY25. Domestic market sales were at 54.18 MMT, registering a growth of 3.40% over 52.40 MMT in the previous year.

During Q4 FY26, refinery throughput was 10.40 MMT, domestic sales stood at 13.86 MMT with a growth of 3.28% year-on-year.

Exceptional Items

The Corporation recognized an impairment loss of ₹4,349.13 crore on its investment in wholly-owned upstream subsidiary Bharat PetroResources Limited (BPRL) for FY26, compared to ₹1,773.93 crore in FY25. Total accumulated impairment as of March 31, 2026 stood at ₹11,313.83 crore.

LPG Compensation & Buffer Account

The Corporation has a net cumulative negative buffer of ₹12,318.52 crore as on March 31, 2026. The government approved a compensation of ₹7,594.00 crore towards domestic LPG under-recoveries, of which five equal monthly instalments aggregating to ₹3,164.15 crore have been recognised in Revenue from Operations.

Foreign Exchange Impact

Other Expenses for FY26 include ₹1,644.22 crore (standalone) and ₹1,646.26 crore (consolidated) on account of foreign exchange loss, compared to ₹357.96 crore and ₹359.15 crore respectively in FY25.

Board Meeting

The meeting of the Board of Directors commenced at 3:00 PM and concluded at 6:15 PM on May 19, 2026.