Bharat Petroleum Posts Impressive H1 FY2024-25 Results

Mumbai, October 25, 2024: Bharat Petroleum Corporation Limited (BPCL) has reported a notable growth of 2.45% in market sales, achieving 25.55 MMT in H1 FY2024-25. Key Financial Highlights: – Net profit: Rs. 5,412 Crores in H1 FY2024-25 – Revenue from Operations: Rs. 2,46,055.05 Crores in H1 FY2024-25 – Gross Refining Margin (GRM): $6.12/bbl in H1 FY2024-25 – EBITDA: Rs. 11,592.31 Crores in H1 FY2024-25, with a margin of 4.71% Operational Achievements: – Highest ever Average Ethanol Blending percentage: 14.55% in H1 FY2024-25 – Added 541 new fuel stations, taking network strength to 22,380 – Expanded LPG distributor network to 6,256, serving 9.52 crore customers – Commissioned 91 new CNG stations, totaling 2,120 Outlook: BPCL’s strategic initiatives and operational efficiency are expected to drive growth, despite challenging market conditions. Market Reaction: BPCL’s stock is likely to react positively to the impressive results, reflecting investor confidence in the company’s performance.