Bharat Petroleum Corporation Ltd (BPCL) on Tuesday reported a profit decline of 8.30 per cent during the fourth quarter of FY25. Profit for the period stood at Rs 4,391.83 crore as against Rs 4,789.57 crore recorded during the corresponding quarter of FY24. It posted revenue from operations at Rs 1,26,916.18 crore, down 3.91 per cent in comparison to Rs 1,32,086.86 crore reported during the same period of previous financial year.
In a regulatory filing, the company said that the quarterly performance is driven by improved refining and marketing margins, strong sales growth, and operational excellence. BPCL registered a GRM of $9.20/bbl in the current quarter against a GRM of $5.60/bbl in Q3 on sequential basis.
On a standalone basis, Q4 profit stood at Rs 3,214.06 crore, down 23.91 per cent on-year. The revenue for the quarter came in at Rs 1,26,864.93 crore. The state-run oil marketing company recorded EBITDA at Rs 7,765 crore. For the full year, profit came in at Rs 13,275.26 crore as compared to the profit of Rs 26,673.50 crore in FY24.
In FY25, BPCL achieved the highest ever throughput of 40.51 MMT vs 39.93 MMT in FY 23-24. It also achieved the highest ever market sales of 52.40 MMT vs 51.04 MMT in FY 23-24. Sales has grown by 2.66 per cent.
Similarly, during the quarter in review, BPCL achieved the throughput of 10.58 MMT vs 10.36 MMT in the comparative period. The market sales for Q4FY25 has increased to 13.42 MMT vs 13.18 MMT in the comparative period with growth of 1.82 per cent.
Dividend declared
The board of directors of Bharat Petroleum 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,” the company said in a regulatory filing.