New Delhi: Bharat Petroleum Corporation Ltd (BPCL) on Friday reported a 169 per cent jump in its September quarter net profit on the back of a surge in refining margins.
Its standalone net profit of Rs 6,442.53 crore in Q2 FY26 was 169 per cent higher than Rs 2,397.93 crore earned in Q2 FY25, according to a stock exchange filing by the company.
The company earned $10.78 on turning every barrel of crude oil into fuels like petrol and diesel, compared to a gross refining margin of $4.41 per barrel in July-September 2024.
The revenue from operations was up 3 per cent at Rs 1.21 lakh crore.
On operational performance, BPCL said its refineries achieved a throughput of 9.82 million tonnes with a capacity utilisation of 111 per cent in Q2 against 10.28 million tonnes processed in the same period a year back.
BPCL registered quarterly domestic sales of 12.67 million tonnes, a growth of 2.26 per cent over 12.39 million tonnes in Q2 FY25. Its board approved an interim dividend of Rs 7.5 per equity share.