(23 Oct 2026 | Mumbai | Newsip Desk)
BPCL Q2 FY27: Bharat Petroleum Corporation Limited (BPCL) reported progress across its core businesses for the quarter ended September 30, 2026. The company expanded its LPG and PNG networks, improved customer amenities and advanced indigenous technology and alternative fuel initiatives.
BPCL’s Board approved the incorporation of a wholly owned subsidiary to serve as the dedicated project company for its proposed 10 MMTPA greenfield refinery and petrochemical complex at Ramayapatnam, Andhra Pradesh. The project remains subject to the required government, statutory and regulatory approvals.
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During the quarter, BPCL commissioned the Matia LPG Bottling Plant in Goalpara, Assam—its first such plant in the North-East. The company also connected 1.22 lakh homes to piped natural gas in the last six months, launched Bharatgas Lite ZIP and rolled out more than 9,000 Drive Fresh washrooms across its retail network.
BPCL developed Extreme Weather Grade Diesel for Indian Army vehicles operating in severe winter and high-altitude conditions. It also operated a commercial flight using aviation turbine fuel blended with 1% sustainable aviation fuel, partnered with Tiki Tar and Shell India Private Limited to expand its value-added bitumen portfolio, and continued LPG quality and consumer-safety programmes.
Refinery throughput stood at 10.41 million metric tonnes, with capacity utilisation of 118%, while domestic market sales reached 13.47 million metric tonnes. BPCL said it continued investing in infrastructure, supply-chain resilience and digital transformation, while maintaining uninterrupted fuel supplies across the country.
Consolidated revenue from operations rose 29.78% year on year to Rs. 1,57,818 crore. Consolidated EBITDA was Rs. 9,647 crore, down 13.37%, and net profit was Rs. 4,863 crore, down 21.45%. On a standalone basis, revenue increased 29.78% to Rs. 1,57,779 crore, while EBITDA declined 13.96% to Rs. 9,437 crore and net profit fell 22.50% to Rs. 4,993 crore.
