Bharat Petroleum Corporation Ltd
Financial results for quarter ended 30th June 2026
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 22 Jul 2026, 02:41 PM IST · BSE ID: d143b0e2-1634-4d99-9295-cd36fc8b437a
View Original BSE Filing (PDF)
💡
In Simple Terms
BPCL reported a net loss of ₹3,962.13 Crore for the first quarter of fiscal year 2027, despite higher revenue.
🤖 AI Summary
- Bharat Petroleum Corporation Ltd (BPCL) reported a Net Loss of ₹3,962.13 Crore for the quarter ended 30th June 2026.
- Revenue from Operations for Q1 FY27 reached ₹1,59,479.28 Crore.
- The loss primarily resulted from suppressed marketing margins on specific petroleum products, partly offset by higher refining margins.
- The Corporation noted non-compliance with SEBI regulations regarding the composition of its Board of Directors.
- Cumulative net negative buffer for LPG stood at ₹15,803.74 Crore as of 30th June 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net Profit/(Loss) for the period
₹(3,962.13) Crore
Not comparable — limited prior period data.
Revenue from Operations
₹1,59,479.28 Crore
23.08
Profit/(Loss) Before Tax
₹(5,305.18) Crore
Not comparable — limited prior period data.
Basic and Diluted Earnings Per Share
₹(9.27) per share
Not comparable — limited prior period data.
Refinery Throughput
10.15 MMT
-2.59
Domestic Market Sales Growth
0.29 %
Cumulative net negative buffer for LPG
₹15,803.74 Crore
🏢 How This Affects the Company
Revenue from Operations increased to ₹1,59,479.28 Crore in Q1 FY27 from ₹1,29,577.89 Crore in Q1 FY26, indicating higher sales volume or pricing.
The company recorded a Net Loss of ₹3,962.13 Crore, contrasting with a Net Profit of ₹6,123.93 Crore in the prior year comparable quarter, impacting profitability.
Refinery Throughput decreased slightly to 10.15 MMT in Q1 FY27 from 10.42 MMT in Q1 FY26, while Domestic Sales showed marginal growth of 0.29%.
Non-compliance with SEBI regulations on Board composition, including the absence of a woman director, introduces governance and regulatory risks.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the reported net loss of ₹3,962.13 Crore for the quarter, reflecting a decrease in profitability compared to the prior year.
🔍
Management Signal
Management's disclosure highlights the impact of suppressed marketing margins on profitability and acknowledges non-compliance with Board composition regulations.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 financial results — check for improvements in marketing margins and profitability.
Updates on Board composition — monitor compliance with SEBI regulations for independent and woman directors.
Government policy on LPG compensation — observe further disbursements or changes in buffer account treatment.
HIGH RISK
Significant net loss, large negative LPG buffer, and non-compliance with Board composition regulations indicate high financial and governance risks.
💡 Investor Takeaway
BPCL recorded a Net Loss of ₹3,962.13 Crore for Q1 FY27, a decline from ₹6,123.93 Crore Net Profit in Q1 FY26, driven by suppressed marketing margins. Revenue from Operations increased to ₹1,59,479.28 Crore. Regulatory non-compliance on Board composition was also noted.
⚖️ Strengths & Concerns
✅ Positives
- Revenue from Operations grew to ₹1,59,479.28 Crore in Q1 FY27, up from ₹1,29,577.89 Crore in Q1 FY26.
- Government compensation of ₹1,898.49 Crore for domestic LPG under-recoveries was recognized during the reporting period.
⚠️ Concerns
- BPCL reported a Net Loss of ₹3,962.13 Crore for the quarter ended 30th June 2026, compared to a net profit of ₹6,123.93 Crore in the same period last year.
- The Corporation has a cumulative net negative buffer of ₹15,803.74 Crore for LPG as of 30th June 2026, leading to non-recognition of revenue.
📅 Company Track Record
In Q1 FY26, Bharat Petroleum Corporation Ltd reported a net profit of ₹6,123.93 Crore and revenue from operations of ₹1,29,577.89 Crore. The company's Board meeting on July 22, 2026, was announced to approve Q1 FY27 unaudited financial results.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Bharat Petroleum Corporation Ltd's net profit/loss for the quarter ended 30th June 2026?
Bharat Petroleum Corporation Ltd reported a Net Loss of ₹3,962.13 Crore for the quarter ended 30th June 2026.
What was the Revenue from Operations for BPCL in Q1 FY27?
The Revenue from Operations for Bharat Petroleum Corporation Ltd was ₹1,59,479.28 Crore for the quarter ended 30th June 2026.
What was the primary reason for BPCL's loss in Q1 FY27?
The loss during Q1 FY27 was mainly due to suppressed marketing margin on certain petroleum products, partially offset by higher refining margin.
Did BPCL comply with all SEBI Listing Regulations regarding Board composition in Q1 FY27?
No, Bharat Petroleum Corporation Ltd did not comply with requirements for optimum combination of Independent Directors and the presence of a woman director on its Board during Q1 FY27.
What was BPCL's cumulative net negative buffer for LPG as of 30th June 2026?
Bharat Petroleum Corporation Ltd had a cumulative net negative buffer of ₹15,803.74 Crore for LPG as of 30th June 2026.
Questions based on this BSE filing only. For information purposes.