BPCL Q4 Results: Standalone Net Profit declines by 23.9%; declares final dividend

New Delhi: Oil Major PSU, Bharat Petroleum Corporation (BPCL) reported a 23.91% decline in standalone net profit to Rs 3,214.06 crore in Q4 FY25 as against Rs 4,224.18 crore posted in Q4 FY24.

Under-recoveries on the sale of LPG and declining gross refining margins (GRMs) were the main causes of the decline in profit. In Q4 of FY25, the company reported a profit of Rs 6,036.44 crore before exceptional items and tax, down from Rs 7,441.38 crore during the same period the previous year. During the quarter, the company reported Rs 1,773.93 crore in exceptional items.

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In Q4 of FY25, total expenses dropped by 2.79% year over year to Rs 121,621.48 crore. During the period under review, employee benefits expenses were Rs 736.46 crore (down 13.26% YoY), while the cost of materials consumed was Rs 58045.06 crore (up 2.64% YoY).

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With net sales (excluding excise duty) falling 1.74% to Rs 440,131.93 crore in FY24 compared to FY23, the company's net profit fell 50.23% to Rs 13,275.26 crore over the course of the full year. Regarding margins, the business's operating margin dropped from 5.26% in Q4 FY24 to 4.13% in Q4 FY25. The net profit margin decreased from 3.20% in Q4 FY24 to 2.53% in Q4 FY25.

The Board of Directors has recommended a final dividend of Rs. 5/- per equity share of face value of Rs.10/-each, subject to the approval of the shareholders at the ensuing Annual General Meeting (AGM). The final dividend would be paid within 30 days from the date of its declaration at the AGM. The Record Date for the final dividend will be intimated separately.

Shares of BPCL are trading at Rs 313.90, up by 0.71%.

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