Net sales (excluding excise duty) declined 2.02% year on year (YoY) to Rs 1,13,135.8 crore in the December 2024 quarter. Profit before tax (PBT) was at Rs 6,176.17 crore in the third quarter of FY25, up 34.85% as compared with Rs 4,580.08 crore reported in Q3 FY24. Total expenses decreased by 3.1% YoY to Rs 1,22,172.87 crore in Q3 FY25. Cost of materials consumed was at Rs 50,822.63 crore (down 9.59% YoY), while employee benefits expenses stood at Rs 1,201.40 crore (up 12.49% YoY) during the period under review. In Q3 FY25, the refinery throughput was at 9.54 metric million tonnes (MMT), down 3.25% from 9.86 MMT posted in Q3 FY24. Market sales grew by 3.95% to 13.43 MMT in Q3 FY25 as against 12.92 MMT reported in Q3 FY24. Sales growth surged to 3.95% in the third quarter of FY25 as compared to 0.86% reported in Q3 FY24. Export sales declined to 0.26 MMT in Q3 FY25 from 0.28 MMT registered in Q3 FY24. On a nine-month basis, the company's net profit tanked 55.18% to Rs 10,061.20 crore in 9M FY25 as against Rs 22,449.32 crore posted in 9M FY24. Net sales (excluding excise duty) fell 0.73% YoY to Rs 3,28,952.97 crore in 9M FY25. The average gross refining margin (GRM) of the corporation for the nine-month period ended 31 December 2024 is $5.95 per barrel as compared to $14.72 per barrel recorded in Q3 FY24. This amount is prior to factoring in the impact of special additional excise duty and road & infrastructure cess, levied with effect from 1 July 2022. Meanwhile, the company's board has declared an interim dividend of Rs 5 per equity share for the financial year 2024-25 and also fixed Wednesday, 29 January 2025, as the record date. Bharat Petroleum Corporation (BPCL) is the second largest Indian oil marketing company (OMC), engaged in refining of crude oil and marketing of petroleum products, with a significant presence in the upstream and downstream sectors of the oil and gas industry. The company attained the coveted 'Maharatna' status, joining the elite club of companies having greater operational & financial autonomy. The Government of India holds a 52.98% stake in BPCL as of 31 December 2024. Shares of Bharat Petroleum Corporation fell 1.30% to Rs 277.70 on the BSE.Powered by Capital Market - Live

Net profit of Bharat Petroleum Corporation rose 19.63% to Rs 3805.94 crore in the quarter ended December 2024 as against Rs 3181.42 crore during the previous quarter ended December 2023. Sales declined 2.02% to Rs 113165.87 crore in the quarter ended December 2024 as against Rs 115499.14 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales113165.87115499.14 -2 OPM %6.595.37 - PBDT7202.286260.53 15 PBT5392.464430.39 22 NP3805.943181.42 20 Powered by Capital Market - Live

Bharat Petroleum Corporation has fixed 29 January 2025 as record date for interim dividend of Rs 5 per equity share of Rs 10 for FY 2024-25. The dividend will be paid on or before 20 February 2025. Powered by Capital Market - Live

Bharat Petroleum Corporation announced that the Board of Directors of the Company at its meeting held on 22 January 2025, inter alia, have recommended the interim dividend of Rs 5 per equity Share (i.e. 50%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net sales (excluding excise duty) declined 2.02% year on year (YoY) to Rs 1,13,135.8 crore in the December 2024 quarter. Profit before tax (PBT) was at Rs 6,176.17 crore in the third quarter of FY25, up 34.85% as compared with Rs 4,580.08 crore reported in Q3 FY24. Total expenses decreased by 3.1% YoY to Rs 1,22,172.87 crore in Q3 FY25. Cost of materials consumed was at Rs 50,822.63 crore (down 9.59% YoY) while employee benefits expense stood at Rs 1,201.40 crore (up 12.49% YoY) during the period under review. In Q3 FY25, the refinery throughput was at 9.54 metric million tonnes (MMT), down 3.25% from 9.86 MMT posted in Q3 FY24. Market sales grew by 3.95% to 13.43 MMT in Q3 FY25 as against 12.92 MMT reported in Q3 FY24. Sales growth surged to 3.95% in the third quarter of FY25 as compared to 0.86% reported in Q3 FY24. Export sales declined to 0.26 MMT in Q3 FY25 from 0.28 MMT registered in Q3 FY24. On nine-month basis, the company's net profit tanked 55.18% to Rs 10,061.20 crore in 9M FY25 as against Rs 22,449.32 crore posted in 9M FY24. Net sales (excluding excise duty) fell 0.73% YoY to Rs 3,28,952.97 crore in 9M FY25. The average gross refining margin (GRM) of the corporation for the nine month period ended 31 December 2024 is $5.95 per barrel as compared to $14.72 per barrel recorded in Q3 FY24. This amount is prior to factoring in the impact of special additional excise duty and road & infrastructure cess, levied with effect from 1 July 2022. Meanwhile, the company's board has declared an interim dividend of Rs 5 per equity share for the financial year 2024-25 and also fixed Wednesday, 29 January 2025, as the record date. Bharat Petroleum Corporation (BPCL) is the second largest Indian oil marketing company (OMC), engaged in refining of crude oil and marketing of petroleum products, with a significant presence in the upstream and downstream sectors of the oil and gas industry. The company attained the coveted 'Maharatna' status, joining the elite club of companies having greater operational & financial autonomy. The Government of India holds a 52.98% stake in BPCL as of 31 December 2024. Shares of Bharat Petroleum Corporation shed 0.89% to close at Rs 277.70 on the BSE. Powered by Capital Market - Live

Bharat Petroleum Corporation Ltd gained for a third straight session today. The stock is quoting at Rs 281.65, up 1.57% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.81% on the day, quoting at 23155.2. The Sensex is at 76355.97, down 0.93%. Bharat Petroleum Corporation Ltd has slipped around 2.58% in last one month. Meanwhile, Nifty Energy index of which Bharat Petroleum Corporation Ltd is a constituent, has slipped around 1.9% in last one month and is currently quoting at 34970.55, down 1.4% on the day. The volume in the stock stood at 116.24 lakh shares today, compared to the daily average of 78.85 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 279.9, up 1.54% on the day. Bharat Petroleum Corporation Ltd is up 21.65% in last one year as compared to a 9.02% spurt in NIFTY and a 0.45% spurt in the Nifty Energy index.The PE of the stock is 8.47 based on TTM earnings ending September 24.Powered by Capital Market - Live

State Bank of India is the lead consortium banker for loan agreement and other consortium members are Punjab National Bank, Union Bank of India, Canara Bank, Bank of India and Export Import Bank of India. The Indian public sector oil and gas company entered into the loan agreement to arrange finance for development and operation of a petrochemical complex and refinery expansion at Bina. Meanwhile, the company informed that its board is scheduled to meet on Wednesday, 22 January 2025, to consider the proposal of declaration of interim dividend for the financial year 2024-25 and fixation of record date for the same. Bharat Petroleum Corporation (BPCL) is the second largest Indian oil marketing company (OMC), engaged in refining of crude oil and marketing of petroleum products, with a significant presence in the upstream and downstream sectors of the oil and gas industry. The company attained the coveted 'Maharatna' status, joining the elite club of companies having greater operational & financial autonomy. The Government of India holds 52.98% stake in BPCL as of 30 September 2024. The company's standalone net profit tumbled 71.80% to Rs 2,397.23 crore in Q2 FY25 as against Rs 8,501.17 crore posted in Q2 FY24. Net sales (excluding excise duty) fell marginally to Rs 1,02,790.39 crore in the September quarter from Rs 1,02,985.56 crore recorded in the corresponding quarter previous year. Powered by Capital Market - Live

Bharat Petroleum Corporation will hold a meeting of the Board of Directors of the Company on 22 January 2025.Powered by Capital Market - Live

MNGL, a joint venture of BPCL, GAIL (India) and Indraprasth Gas (IGL) is preparing to list through an IPO of over Rs 1000 crore, subject to regulatory and other approvals. Bharat Petroleum Corporation (BPCL) is the second largest Indian oil marketing company (OMC), engaged in refining of crude oil and marketing of petroleum products, with a significant presence in the upstream and downstream sectors of the oil and gas industry. The company attained the coveted 'Maharatna' status, joining the elite club of companies having greater operational & financial autonomy. The Government of India holds 52.98% stake in BPCL as of 30 September 2024. GAIL (India) is the largest state-owned natural gas processing and distribution company in India. The company has a diversified business portfolio and has interests in the sourcing and trading of natural gas, production of LPG, liquid hydrocarbons, and petrochemicals, transmission of natural gas and LPG through pipelines, etc. GAIL has also participated in interest in India and overseas in oil and gas blocks. The Government of India holds 51.92% in the paid-up equity capital of the company as of 30 September 2024. Indraprastha Gas is a natural gas distribution company. It supplies natural gas as cooking and vehicular fuel. Shares of BPCL declined 0.60% to Rs 283 while GAIL (India) rose 1.38% to Rs 187.10 and IGL added 0.87% to Rs 428 on the BSE. Powered by Capital Market - Live

In the Reverse Auction phase of the tender, BPCL emerged as the lowest bidder (L-1), securing a capacity of 150 MW. The contract, once finalized, will see the development of the project over a two-year timeline, with an estimated capital expenditure of Rs 756.45 crore. The solar project is expected to generate an annual revenue of approximately Rs 100 crore by producing around 400 million units of clean energy. This milestone highlights BPCLs commitment to advancing renewable energy initiatives and contributing to India's clean energy transition. The official announcement was made after market hours on 24 December 2024. Bharat Petroleum Corporation (BPCL) is the second largest Indian oil marketing company (OMC), engaged in refining of crude oil and marketing of petroleum products, with a significant presence in the upstream and downstream sectors of the oil and gas industry. The company attained the coveted 'Maharatna' status, joining the elite club of companies having greater operational & financial autonomy. The Government of India holds 52.98% stake in BPCL as of 30 September 2024. The company's standalone net profit tumbled 71.80% to Rs 2,397.23 crore in Q2 FY25 as against Rs 8,501.17 crore posted in Q2 FY24. Net sales (excluding excise duty) fell marginally to Rs 1,02,790.39 crore in the September quarter from Rs 1,02,985.56 crore recorded in the corresponding quarter previous year. Powered by Capital Market - Live