The state-run oil marketing company (OMC) Bharat Petroleum Corporation Limited (BPCL) released its March quarter results on Tuesday. For the three months ended March 31, 2025, the company reported a standalone net profit of Rs 3,214,06 crore. Zee Business analysts expected the company to register a standalone net profit of Rs 2,606 crore during the review period.
In Q4FY24, the company’s net profit stood at Rs 4,224.18 crore, while in the December quarter it was at Rs 4,649.2 crore.
The topline, meanwhile, came in at Rs 1.26 lakh crore in comparison to Rs 1.27 crore in the preceding quarter. Zee Business analysts estimated the OMC to log a 4.9 per cent sequential decline in its revenue to Rs 1,07,558 crore for the final quarter of FY25.
Furthermore, the company said that the average gross refining margin (GRM) of the Corporation for year ended 31st March 2025 is $6.82 per barrel. Analyst pegged gross refining margin (GRM) at $6.5 per barrel. Gross refining margin is a key measure of profitability for oil refiners. It determines the amount of money earned in dollars on refining every barrel of crude oil.
PSU oil company’s operational performance
During the review quarter, the company delivered better-than-expected operational show, with earnings before interest, taxes, depreciation and amortisation EBITDA at Rs 7,765 crore as against research estimates of Rs 5,280 crore. In the previous December quarter, BPCL reported EBITDA at Rs 7,580 crore.
The company’s operating margin also improved to improved to 7 per cent, coming in better than analysts’ estimates who estimated margin to shrink by 180 basis points (bps) to 4.9 per cent for the March quarter.
BPCL Dividend 2025
Alongside the company’s Q4 earnings, PSU oil major announced a Rs 5 per share dividend. In a regulatory filing with the exchanges, BPCL said, “The Board of Directors has 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.”
BPCL share price performance
Ahead of the company’s earnings later today, its scrip closed higher by 0.5 per cent at Rs 311.6 per share.
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