Chennai, May 21:
Bharat Petroleum Corporation Limited (BPCL), a Fortune Global 500 and Maharatna public sector undertaking, reported a robust financial and operational performance for the financial year ended March 31, 2026, despite global volatility in crude prices and energy markets.
The company recorded a sharp rise in profitability, with standalone Profit After Tax (PAT) surging 75.54% to ₹23,303 crore in FY26, while consolidated PAT jumped 93.78% to ₹25,843 crore. Revenue from operations stood at ₹5.22 lakh crore, marking a 4.46% increase year-on-year. EBITDA also witnessed strong growth, rising 57.08% on a consolidated basis. BPCL achieved its highest-ever refinery throughput of 41.15 MMT and total sales volume of 55.72 MMT, reflecting sustained domestic demand and efficient operations.
Operationally, BPCL maintained stability across refining and marketing segments, ensuring uninterrupted fuel supply while expanding its nationwide distribution network. The company also strengthened its balance sheet, significantly improving its standalone debt-equity ratio from 0.29 to 0.11 by the end of FY26, highlighting disciplined capital management and financial prudence.
During the fourth quarter (Q4 FY26), BPCL reported a consolidated revenue of ₹1.34 lakh crore, up 6.33% from the same period last year. Net profit rose 28.07% to ₹5,625 crore, while EBITDA increased by 20.20%. Refinery throughput during the quarter stood at 10.40 MMT with an impressive capacity utilization of 118%, and domestic sales grew 3.28% to 13.86 MMT.
The company’s annual performance was driven by steady growth in domestic fuel consumption, improved operational efficiencies, and continued investments in infrastructure. BPCL advanced its long-term strategy through expansion in refining capacity, pipeline connectivity, city gas distribution, and emerging energy segments, reinforcing its position in key consumption markets.
With a vast marketing network of over 25,300 fuel stations, more than 1,000 CNG stations, and over 6,250 LPG distributorships, BPCL continues to play a critical role in India’s energy ecosystem. Its refineries at Mumbai, Kochi, and Bina collectively provide a refining capacity of 35.3 MMTPA, supporting its integrated operations across the oil and gas value chain.