BPCL Q3 FY25 Results: Oil marketing PSU's profit jumps 94% sequentially, mises Street expectations

BPCL Q3 FY25 Results: State-run oil marketing company (OMC) Bharat Petroleum Corporation Ltd (BPCL) on Wednesday reported a standalone net profit of Rs 4,649.2 crore for the quarter ended December 31, marking a 93.9 per cent jump sequentially.

The PSU registered revenue of Rs 1,27,520.5 crore for the third quarter of the current financial year, marking an increase of 8.1 per cent on a quarter-on-quarter basis, according to a regulatory filing. 

According to Zee Business research, BPCL was estimated to report a third-quarter net profit of Rs 5,000 crore with revenue of Rs 1,00,072 crore.

BPCL Q3 Earnings | How the state-run oil marketing company fared operationally

BPCL registered a 68 per cent quarter-on-quarter increase in its October-December earnings before interest, taxes, depreciation and amortisation (EBITDA) to Rs 7,580 crore. 

Its margin, a key measure of profitability, improved by 230 basis points sequentially to 6.7 per cent. 

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BPCL Gross Refining Margin

Bharat Petroleum Corporation Ltd clinched an average gross refining margin of $5.95 per barrel, marking a significant improvement over $4.41 per barrel in the previous quarter. 

BPCL Share Price News

Earlier on Wednesday, BPCL shares ended lower by Rs 2.5, or 0.9 per cent, at Rs 277.7 apiece on BSE.

BPCL shares have rewarded investors with a return of around 17 per cent in the last one year, outperforming a nine per cent gain in the headline Nifty 50 index. 

The Nifty Energy index has declined around 1.5 per cent during this period.

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