Bharat Petroleum Q4 result: Net profit falls 24%, EBITDA declines 16%; firm announces dividend of ₹5/share

State-run oil marketing company (OMC) Bharat Petroleum Corporation Limited (BPCL) on Tuesday, April 29, reported net profit of ₹3,214 crore in January-March quarter, marking a decline of 24% from ₹4,224 crore in the same period last year.

BPCL's revenue from operations declined 4% year-on-year (YoY) to ₹1,26,864.93 crore from ₹1,32,056.56 crore in the year-ago period.

BPCL reported weak operational performance as its operating profit also known as earnings before interest, taxes, depreciation, and amortisation (EBITDA) declined 15.5% to ₹7,764.89 crore in March quarter as against ₹ 9,184.75 crore in the same period last year.

Its operating profit margin also known as EBITDA margin declined by 80 basis points to 6.12% versus 6.96% in the year-ago period.

The company's board recommended a final dividend of ₹5 per share.

For financial year 2024-25, BPCL's net profit fell 50% to ₹13,275.26 crore from ₹26,673.50 in financial year 2023-24.

“The Average Gross Refining Margin (GRM) of the Corporation for year ended 31st March 2025 is $6.82 per barrel. For (FY 2023-24: $ 14.14 per barrel, this is before factoring the impact of Special Additional Excise Duty and Road & Infrastructure Cess, levied w.e.f 1st July 2022),” BPCL said in a regulatory filing.

BPCL shares ended 0.52% higher at ₹ 311.60 ahead of its earnings announcement. In Q4FY25, BPCL shares declined 4.75% in the March quarter, data from BSE showed.