Bharat Petroleum Corporation Ltd
BPCL Reports Net Profit of Rs. 4,993.17 Crore for Q2 FY27
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 23 Oct 2026, 07:10 PM IST · BSE ID: 9915a181-8da7-419e-9e61-d94a36fc1a48
View Original BSE Filing (PDF)
💡
In Simple Terms
BPCL announced its financial results, posting a profit of Rs. 4,993.17 Crore for the recent quarter, but noted board composition issues.
🤖 AI Summary
- BPCL reported a Net Profit of Rs. 4,993.17 Crore for the quarter ended September 30, 2026.
- Revenue from Operations for Q2 FY27 was Rs. 1,57,778.58 Crore.
- Profit Before Tax for the quarter ended September 30, 2026, was Rs. 6,686.11 Crore.
- The Board noted non-compliance with SEBI (LODR) Regulations 17(1)(b) regarding Independent Directors.
- Non-compliance also includes absence of a Woman Director as per Section 149(1) of the Companies Act, 2013.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net Profit/(Loss) for the quarter ended 30.09.2026
Rs. 4,993.17 Crore
Not comparable — limited prior period data.
Revenue from Operations for the quarter ended 30.09.2026
Rs. 1,57,778.58 Crore
29.70
Net Profit/(Loss) for the half year ended 30.09.2026
Rs. 1,031.04 Crore
Not comparable — limited prior period data.
Basic and Diluted Earnings Per Share for the quarter ended 30.09.2026
Rs. 11.69 per share
Not comparable — limited prior period data.
Refinery Throughput for the quarter ended 30.09.2026
10.41 MMT
6.01
🏢 How This Affects the Company
The company's revenue from operations for the quarter ended September 30, 2026, was Rs. 1,57,778.58 Crore, reflecting ongoing core business activity.
The Net Profit of Rs. 4,993.17 Crore for Q2 FY27 indicates a financial recovery from the net loss of Rs. (3,962.13) Crore in Q1 FY27, improving overall half-year profitability.
Refinery throughput increased to 10.41 MMT for the quarter ended September 30, 2026, compared to 10.15 MMT in the previous quarter, suggesting higher processing activity.
The non-compliance with SEBI (LODR) Regulations 17(1)(b) and Section 149(1) of the Companies Act, 2013 regarding board composition presents a regulatory risk.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this financial results disclosure.
👤
Who Is Affected
All shareholders are affected by the financial performance, which shows a return to profitability. The identified non-compliance issues relate to corporate governance affecting all stakeholders.
🔍
Management Signal
The disclosure of non-compliance with SEBI regulations regarding board composition signals an ongoing governance challenge that management acknowledges.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q3 FY27 financial results — check for sustained profitability.
Updates on board composition — monitor compliance with SEBI regulations.
Operating margin trends — observe cost of materials consumed.
MEDIUM RISK
Regulatory non-compliance regarding board composition presents a governance risk to the company.
💡 Investor Takeaway
Bharat Petroleum Corporation Ltd reported a Net Profit of Rs. 4,993.17 Crore for the quarter ended September 30, 2026. This turnaround from a Net Loss of Rs. (3,962.13) Crore in the prior quarter impacts the half-year results, which now show a Net Profit of Rs. 1,031.04 Crore. However, the company noted non-compliance with board composition rules.
⚖️ Strengths & Concerns
✅ Positives
- Net Profit of Rs. 4,993.17 Crore in Q2 FY27 marks a recovery from the Net Loss of Rs. (3,962.13) Crore in Q1 FY27.
- Revenue from Operations for H1 FY27 increased to Rs. 3,17,257.86 Crore, up from Rs. 2,51,148.79 Crore in H1 FY26.
⚠️ Concerns
- Non-compliance with SEBI (LODR) Regulation 17(1)(b) on optimum combination of Independent Directors was noted for the half year.
- The Corporation did not have a woman director, failing Section 149(1) of the Companies Act, 2013 and Regulation 17(1)(a) of SEBI Listing Regulations.
📅 Company Track Record
Bharat Petroleum Corporation Ltd (BPCL) reported a Q1 FY27 Net Loss of ₹3,962.13 Crore, with Gross Refining Margin (GRM) at US $41.41/bbl. The current Q2 FY27 Net Profit of Rs. 4,993.17 Crore represents a significant turnaround, improving the half-year profitability from the previous quarter's performance.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Bharat Petroleum Corporation Ltd's net profit for Q2 FY27?
Bharat Petroleum Corporation Ltd reported a Net Profit of Rs. 4,993.17 Crore for the quarter ended September 30, 2026.
What was BPCL's Revenue from Operations for the quarter ended September 30, 2026?
Revenue from Operations for BPCL was Rs. 1,57,778.58 Crore for the quarter ended September 30, 2026.
Did BPCL comply with SEBI board composition regulations?
BPCL did not comply with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Regulation 17(1)(b) regarding Independent Directors and Section 149(1) of the Companies Act, 2013 for a woman director for the half year ended September 30, 2026.
What was BPCL's Earnings Per Share (EPS) for Q2 FY27?
Bharat Petroleum Corporation Ltd's Basic and Diluted Earnings Per Share was Rs. 11.69 per share for the quarter ended September 30, 2026.
What was BPCL's refinery throughput for the quarter ended September 30, 2026?
BPCL's refinery throughput for the quarter ended September 30, 2026, was 10.41 MMT.
Questions based on this BSE filing only. For information purposes.