Mumbai, May 2, 2025: Exceptional financial results for the fourth quarter of FY 2024-25 have been unveiled by Bharat Petroleum Corporation Limited (BPCL), showcasing its operational prowess and strategic expansion. “Our performance reflects India’s growing energy demand and our innovative strides,” stated Mr. V.R.K. Gupta, Director (Finance). A profit after tax of ₹3214 crore and operational revenue of ₹1,26,865 crore were achieved, signaling robust prospects for corporate investors.
Refinery operations saw 10.58 million metric tons of crude processed, reaching 121% of nameplate capacity. A Gross Refining Margin (GRM) of $9.2 per barrel was recorded, surpassing the Singapore GRM by $3.16 per barrel. In marketing, domestic sales climbed to 13.42 million metric tons, reflecting a 1.82% year-on-year increase. The gas business registered a 13.9% growth, with sales reaching 2.2 million metric tons.
A total of 1805 new retail outlets were commissioned, expanding the network to 23,642 outlets. Additionally, 5546 outlets were solarized, and 3313 electric vehicle charging stations were added. Leadership in biofuel adoption was demonstrated, with a 19.35% ethanol blending rate achieved in Q4.
On the project front, the Bina Petrochemical and Refinery Expansion Project recorded 11% progress. An investment of ₹6100 crore was approved for pre-project activities for a greenfield refinery-cum-petrochemical complex in Andhra Pradesh. Joint venture agreements with Sembcorp and GPS Renewable were also formalized, focusing on green hydrogen and compressed biogas plants.
Conclusion: BPCL’s Q4 results illuminate its financial strength and strategic growth. Corporate investors are advised to monitor the company’s progress and new projects, as BPCL is poised to scale new peaks in India’s energy landscape.
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