Bharat Petroleum Corporation quarterly results

Q2 FY27 · Jul–Sep 2026

₹ crore	Q2 FY27	Q2 FY26	Change
Revenue	1,57,818	1,21,605	+29.8%
EBITDA	8,973	9,761	−8.1%
EBITDA margin	5.7%	8.0%	−2.3 pts
Profit before tax	6,235	7,757	−19.6%
Net profit	4,863	6,191	−21.5%
EPS	₹11.38	₹14.49	−21.5%

Every quarter

₹ crore except per share

Tap a line for its trend	Q2 FY27Sep 2026	Q1 FY27Jun 2026	Q4 FY26Mar 2026	Q3 FY26Dec 2025	Q2 FY26Sep 2025	Q1 FY26Jun 2025	Q4 FY25Mar 2025	Q3 FY25Dec 2024	Q2 FY25Sep 2024	Q1 FY25Jun 2024	Q4 FY24Mar 2024	Q3 FY24Dec 2023	Earlier quartersAlpha Plus

Expenses
	1,57,818	1,59,527	1,34,948	1,36,653	1,21,605	1,29,615	1,26,916	1,27,551	1,17,949	1,28,106	1,32,087	1,29,985	Earlier quartersEvery year the company has filed comes with Alpha Plus.
	349	1,249	951	646	953	750	805	608	697	570	507	491
	1,58,167	1,60,776	1,35,899	1,37,299	1,22,557	1,30,364	1,27,721	1,28,158	1,18,646	1,28,677	1,32,594	1,30,476
	74,969	90,588	54,264	53,681	51,990	53,686	58,045	50,823	57,604	58,848	56,553	56,211
	53,880	65,348	43,815	43,614	38,233	40,783	38,941	43,538	36,776	40,392	41,547	45,771
	1,006	−8,368	−1,231	2,114	−3,099	1,336	−1,559	3,568	−3,048	1,371	1,444	−68.2
	789	839	1,127	866	874	907	743	1,208	773	786	855	1,072
	991	627	705	657	833	758	919	861	923	889	967	700
	2,097	2,069	2,031	1,979	1,958	1,889	1,982	1,810	1,779	1,686	1,722	1,830
	18,201	15,175	26,896	24,693	23,844	23,224	23,009	20,889	21,327	21,084	22,531	20,801
	1,51,933	1,66,278	1,27,607	1,27,603	1,14,635	1,22,583	1,22,080	1,22,696	1,16,133	1,25,055	1,25,618	1,26,316
	8,973	−4,055	10,076	11,687	9,761	9,678	7,737	7,526	4,517	5,627	9,158	6,199
	6,876	−6,124	8,046	9,708	7,803	7,789	5,754	5,716	2,738	3,940	7,436	4,369
Profit
	6,235	−5,501	8,291	9,696	7,923	7,781	5,640	5,462	2,513	3,622	6,976	4,159
	0.0	1,885	−10.8	−167	−166	−67.4	−101	−59.5	−75.3	−142	−104	−284
	6,235	−3,617	8,281	9,530	7,757	7,714	5,539	5,403	2,438	3,480	6,872	3,876
	387	0.0	2,453	2,573	2,203	1,999	1,229	1,474	717	1,052	2,001	1,262
	1,310	−1,343	−240	−23.8	−50.4	33.5	276	53.1	79.8	−34.5	−121	−76.9
	1,697	−1,343	2,213	2,549	2,153	2,033	1,505	1,527	796	1,017	1,880	1,186
	325	401	−443	208	588	1,158	357	−69.8	656	379	−203	491
	4,863	−1,873	5,625	7,188	6,191	6,839	4,392	3,806	2,297	2,842	4,790	3,181
	4,538	−2,274	6,067	6,981	5,604	5,681	4,034	3,876	1,641	2,462	4,992	2,690
	291	−98.3	818	99.4	361	1,305	−945	−839	579	243	918	−137
	5,154	−1,971	6,443	7,288	6,552	8,145	3,447	2,967	2,876	3,085	5,707	3,044
	4,863	−1,873	5,625	7,188	6,191	6,839	4,392	3,806	2,297	2,842	4,790	3,181
Per share
	₹11.38	−₹4.38	₹13.16	₹16.82	₹14.49	₹16.01	₹10.28	₹8.91	₹5.38	₹6.65	₹22.46	₹14.94
	₹11.38	−₹4.38	₹13.16	₹16.82	₹14.49	₹16.01	₹10.28	₹8.91	₹5.38	₹6.65	₹22.46	₹14.94
Other comprehensive income — detail
	291	−98.3	818	99.4	361	1,305	−945	—	—	—	—	—
	192	−43.8	158	206	−11.8	365	−546	−703	361	426	685	259
	39.6	−44.9	16.6	47.3	6.3	70.7	−124	—	—	—	—	—
	—	—	—	—	—	—	—	−111	80.3	61.4	92.5	29.2
	139	−99.4	676	−59.6	379	1,011	−523	−248	299	−121	325	−367
	5,154	−1,971	6,443	7,288	6,552	8,145	3,447	2,967	2,876	3,085	5,707	3,044
Per share — as-filed variants
	₹11.38	−₹4.38	₹13.16	₹16.82	₹14.49	₹16.01	₹10.28	₹8.91	₹5.38	₹6.65	₹22.46	₹14.94
	₹11.38	−₹4.38	₹13.16	₹16.82	₹14.49	₹16.01	₹10.28	₹8.91	₹5.38	₹6.65	₹22.46	₹14.94
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	27,963	11,959	38,100	37,245	34,480	33,810	31,489	29,622	26,617	27,496	32,544	28,071
	17.7%	7.5%	28.2%	27.3%	28.4%	26.1%	24.8%	23.2%	22.6%	21.5%	24.6%	21.6%
Adjusted (ex-exceptional items) — derived
	6,235	−5,501	8,291	9,696	7,923	7,781	5,640	5,462	2,513	3,622	6,976	4,159
	0.0	1,885	−10.8	−167	−166	−67.4	−101	−59.5	−75.3	−142	−104	−284
	4,863	−3,058	5,632	7,310	6,311	6,889	4,465	3,849	2,348	2,942	4,865	3,378
	₹11.38	−₹7.15	₹13.18	₹17.11	₹14.77	₹16.13	₹10.45	₹9.01	₹5.50	₹6.89	₹22.81	₹15.86

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

BPCL₹289.20

Bharat Petroleum Corporation Ltd.

· Energy & Power

Annual Quarterly₹ CrorePeersIOC HINDPETRO RELIANCE GAIL COALINDIA ONGC OIL ATGLMcap ₹1.24L Cr

View

In ₹ Crore except Per Share 3 Months Ending	Q3 FY24 31/12/2023	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026	Q2 FY27 30/09/2026
Revenue from Operations	1,29,984.8	1,32,086.9	1,28,106.4	1,17,948.8	1,27,550.6	1,26,916.2	1,29,614.7	1,21,604.7	1,36,653.1	1,34,947.9	1,59,527.1	1,57,817.9
Other Income	490.8	506.7	570.5	697.5	607.8	804.6	749.7	952.8	645.7	950.6	1,249.3	349.4
Total Income	1,30,475.6	1,32,593.5	1,28,676.9	1,18,646.2	1,28,158.4	1,27,720.8	1,30,364.4	1,22,557.5	1,37,298.8	1,35,898.5	1,60,776.4	1,58,167.4
Expenses
+ Cost of Materials Consumed	56,210.6	56,553.0	58,847.6	57,604.1	50,822.6	58,045.1	53,686.1	51,990.5	53,680.9	54,264.3	90,588.1	74,969.2
+ Purchases of Stock-in-Trade	45,771.0	41,546.5	40,391.9	36,775.6	43,537.7	38,941.3	40,782.8	38,233.1	43,613.9	43,815.2	65,348.3	53,879.7
+ Changes in Inventories	-68.2	1,443.6	1,370.5	-3,047.9	3,567.8	-1,559.3	1,335.9	-3,098.8	2,113.6	-1,231.5	-8,367.9	1,005.8
+ Employee Benefit Expense	1,071.9	855.0	785.5	773.1	1,207.6	743.4	907.4	874.4	865.6	1,127.0	838.9	789.1
+ Finance Costs	700.2	966.8	889.0	922.7	861.3	918.5	757.7	833.3	657.4	705.1	626.9	991.1
+ Depreciation & Amortisation	1,830.1	1,721.9	1,686.1	1,778.6	1,809.8	1,982.1	1,889.0	1,958.1	1,978.6	2,030.7	2,069.0	2,096.6
+ Other Expenses	20,800.7	22,531.3	21,084.3	21,326.7	20,889.3	23,009.3	23,224.5	23,844.4	24,692.7	26,896.5	15,174.5	18,201.4
Total Expenses	1,26,316.3	1,25,618.0	1,25,054.9	1,16,133.0	1,22,696.1	1,22,080.3	1,22,583.4	1,14,634.9	1,27,602.6	1,27,607.2	1,66,277.7	1,51,932.8
EBITDA	6,198.9	9,157.5	5,626.6	4,517.1	7,525.6	7,736.5	9,678.0	9,761.2	11,686.6	10,076.5	-4,054.8	8,972.8
EBIT	4,368.7	7,435.6	3,940.5	2,738.5	5,715.8	5,754.4	7,789.0	7,803.1	9,708.0	8,045.8	-6,123.8	6,876.2
Profit
PBT before Exceptional Items	4,159.3	6,975.5	3,622.0	2,513.2	5,462.3	5,640.5	7,781.0	7,922.6	9,696.2	8,291.3	-5,501.3	6,234.6
+ Exceptional Items	-283.8	-103.7	-142.5	-75.3	-59.5	-101.1	-67.4	-165.9	-166.7	-10.8	1,884.6	0.0
Pretax Income	3,875.5	6,871.8	3,479.6	2,437.9	5,402.8	5,539.3	7,713.6	7,756.7	9,529.6	8,280.5	-3,616.8	6,234.6
+ Current Tax	1,262.4	2,000.8	1,051.9	716.6	1,473.9	1,228.5	1,999.2	2,203.5	2,572.5	2,453.2	0.0	386.8
+ Deferred Tax	-76.9	-121.1	-34.5	79.8	53.1	276.4	33.5	-50.4	-23.8	-240.0	-1,342.9	1,310.0
Tax Expense	1,185.5	1,879.7	1,017.4	796.4	1,527.0	1,504.9	2,032.7	2,153.1	2,548.8	2,213.2	-1,342.9	1,696.8
+ Share of Associates & JVs	491.4	-202.6	379.4	655.8	-69.8	357.4	1,158.1	587.9	207.6	-442.8	401.1	325.2
Net Income	3,181.4	4,789.6	2,841.6	2,297.2	3,805.9	4,391.8	6,839.0	6,191.5	7,188.4	5,624.5	-1,872.7	4,863.1
+ Net Income — Continuing Ops	2,690.0	4,992.2	2,462.2	1,641.4	3,875.8	4,034.4	5,680.9	5,603.6	6,980.8	6,067.3	-2,273.8	4,537.8
+ Other Comprehensive Income	-137.4	917.8	243.1	579.2	-839.1	-944.8	1,305.5	360.8	99.4	818.1	-98.3	290.9
Total Comprehensive Income	3,044.0	5,707.4	3,084.6	2,876.4	2,966.9	3,447.0	8,144.5	6,552.3	7,287.8	6,442.7	-1,971.0	5,153.9
Net Income to Common	3,181.4	4,789.6	2,841.6	2,297.2	3,805.9	4,391.8	6,839.0	6,191.5	7,188.4	5,624.5	-1,872.7	4,863.1
Per Share
Basic EPS	14.94	22.46	6.65	5.38	8.91	10.28	16.01	14.49	16.82	13.16	-4.38	11.38
Diluted EPS	14.94	22.46	6.65	5.38	8.91	10.28	16.01	14.49	16.82	13.16	-4.38	11.38
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	—	—	-944.8	1,305.5	360.8	99.4	818.1	-98.3	290.9
+ Items NOT to be Reclassified to P&L	258.9	685.3	425.6	360.6	-702.5	-546.0	364.9	-11.8	206.4	158.4	-43.8	191.6
+ Tax on Items NOT to be Reclassified	—	—	—	—	—	-123.8	70.7	6.3	47.3	16.6	-44.9	39.6
+ Tax on Items NOT to be Reclassified — alt tag	29.2	92.5	61.4	80.3	-111.1	—	—	—	—	—	—	—
+ Items to be Reclassified to P&L	-367.2	325.1	-121.2	298.9	-247.6	-522.6	1,011.3	379.0	-59.6	676.3	-99.4	139.0
Comprehensive Income — Owners of Parent	3,044.0	5,707.4	3,084.6	2,876.4	2,966.9	3,447.0	8,144.5	6,552.3	7,287.8	6,442.7	-1,971.0	5,153.9
Per Share — as-filed variants
Basic EPS — Continuing Operations	14.94	22.46	6.65	5.38	8.91	10.28	16.01	14.49	16.82	13.16	-4.38	11.38
Diluted EPS — Continuing Operations	14.94	22.46	6.65	5.38	8.91	10.28	16.01	14.49	16.82	13.16	-4.38	11.38
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	28,071.4	32,543.8	27,496.4	26,616.9	29,622.5	31,489.2	33,809.9	34,479.9	37,244.8	38,099.9	11,958.6	27,963.2
Gross Margin %	21.60	24.64	21.46	22.57	23.22	24.81	26.08	28.35	27.26	28.23	7.50	17.72
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	4,159.3	6,975.5	3,622.0	2,513.2	5,462.3	5,640.5	7,781.0	7,922.6	9,696.2	8,291.3	-5,501.3	6,234.6
− Exceptional Items (reconciliation)	-283.8	-103.7	-142.5	-75.3	-59.5	-101.1	-67.4	-165.9	-166.7	-10.8	1,884.6	0.0
Net Income Adj (tax-effected)	3,378.4	4,864.9	2,942.4	2,347.9	3,848.6	4,465.5	6,888.6	6,311.3	7,310.5	5,632.4	-3,057.5	4,863.1
EPS Adj	15.86	22.81	6.89	5.50	9.01	10.45	16.13	14.77	17.11	13.18	-7.15	11.38
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00
Filed Debt Equity	1.00	1.00	1.00	1.00	1.00	0.63	0.44	0.46	0.38	0.43	0.56	0.50
Filed Dscr	1.00	3.00	3.00	1.00	1.00	7.76	1.79	3.03	12.89	1.42	0.20	1.81
Filed Iscr	12.00	11.00	8.00	7.00	11.00	10.92	18.75	16.03	19.71	13.84	0.00	9.64
Paid Up Equity Capital	2,129.5	2,136.3	4,272.6	4,272.6	4,272.6	4,272.6	4,272.6	4,272.6	4,272.6	4,272.6	4,272.6	4,272.6

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: Q2 FY27 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

BPCL Q2 FY27 results (July–September 2026)

Filed with NSE on Friday, 23 October 2026 at 7:11 pm IST

Bharat Petroleum Corporation (NSE: BPCL) reported its Q2 FY27 results (July–September 2026) on Friday, 23 October 2026 at 7:11 pm IST. Consolidated net profit was ₹4,863 crore, down 21.5% from ₹6,191 crore in Q2 FY26 and against a loss of ₹1,873 crore in Q1 FY27. Revenue from operations was ₹1,57,818 crore, up 29.8% year on year and down 1.1% from the previous quarter.

Q2 FY26 results (a year earlier): 31 October 2025
Q3 FY27 results due by: 14 February 2027

Q2 FY27 at a glance · consolidated

Net profit: ₹4,863 Cr−21.5% vs Q2 FY26loss ₹1,873 Cr in Q1 FY27
Revenue from operations: ₹1,57,818 Cr+29.8% vs Q2 FY26−1.1% vs Q1 FY27
Operating margin (EBIT): 4.4%−2.1 pts vs Q2 FY26+8.2 pts vs Q1 FY27EBIT ₹6,876 Cr
EBITDA: ₹8,973 Cr−8.1% vs Q2 FY26−₹4,055 Cr in Q1 FY27margin 5.7%
Earnings per share (basic): ₹11.38−21.5% vs Q2 FY26
Net profit margin: 3.1%−2.0 pts vs Q2 FY26+4.3 pts vs Q1 FY27

Questions

What was BPCL's net profit in Q2 FY27?

Consolidated net profit was ₹4,863 crore, down 21.5% from ₹6,191 crore in Q2 FY26 and against a loss of ₹1,873 crore in Q1 FY27.

What was BPCL's revenue in Q2 FY27?

Revenue from operations was ₹1,57,818 crore, up 29.8% year on year and down 1.1% from the previous quarter.

What was BPCL's operating margin in Q2 FY27?

Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹6,876 crore, a margin of 4.4%, against −3.8% in Q1 FY27 and 6.4% in Q2 FY26. EBITDA was ₹8,973 crore, 5.7% of revenue.

How were BPCL's Q2 FY27 results?

Revenue grew from a year earlier while net profit fell: revenue was up 29.8% at ₹1,57,818 crore, and net profit was down 21.5% at ₹4,863 crore. The operating margin was 4.4%, down 2.1 percentage points from 6.4% a year earlier.

What was BPCL's net profit in the first half of FY27?

Consolidated net profit for the first half of FY27 (April–September 2026) was ₹2,990 crore, down 77.1% from ₹13,031 crore in the same months a year earlier. Revenue from operations was ₹3,17,345 crore, up 26.3%.

What was BPCL's net profit in FY26?

Consolidated net profit was ₹25,843 crore in FY26 (April 2025–March 2026), up 93.8% from ₹13,337 crore in FY25. It was ₹26,859 crore in FY24 and ₹2,131 crore in FY23: up 1,112.7% over three years, 129.7% a year on average.

What was BPCL's EPS in Q2 FY27?

Basic earnings per share were ₹11.38, against ₹14.49 in Q2 FY26.

What is BPCL's net profit margin?

BPCL's net profit margin was 3.1% in Q2 FY27 (net profit as a share of revenue from operations), against 5.1% in Q2 FY26 (down 2.0 percentage points). For FY26 as a whole it was 4.9%.

When did BPCL announce its Q2 FY27 results?

On Friday, 23 October 2026 at 7:11 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 31 October 2025.

How has BPCL's profit changed over the last four quarters?

Net profit by quarter: a profit of ₹7,188 crore in Q3 FY26, a profit of ₹5,625 crore in Q4 FY26, a loss of ₹1,873 crore in Q1 FY27 and a profit of ₹4,863 crore in Q2 FY27. That is a combined profit of ₹15,803 crore over the four quarters, down 25.6% from ₹21,228 crore in the four quarters before. Revenue from operations: ₹1,36,653 crore, ₹1,34,948 crore, ₹1,59,527 crore and ₹1,57,818 crore.

What was BPCL's revenue in FY26?

Revenue from operations was ₹5,22,820 crore in FY26 (April 2025–March 2026), up 4.5% from ₹5,00,517 crore in FY25. It was ₹5,06,993 crore in FY24 and ₹5,33,547 crore in FY23: down 2.0% over three years, an average fall of 0.7% a year.

When will BPCL announce its Q3 FY27 results?

Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.

Where do these BPCL figures come from?

From Bharat Petroleum Corporation's own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 23 October 2026). Growth compares the same consolidated figures a year and a quarter earlier.

Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.