{"id":172036,"date":"2025-11-03T04:03:15","date_gmt":"2025-11-03T09:03:15","guid":{"rendered":"https:\/\/44.250.171.167\/?p=172036"},"modified":"2025-11-03T04:03:15","modified_gmt":"2025-11-03T09:03:15","slug":"bharat-petroleum-q2-fy26-earnings-results","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/bharat-petroleum-q2-fy26-earnings-results\/","title":{"rendered":"Bharat Petroleum Q2 FY26 Earnings Results"},"content":{"rendered":"<p>Bharat Petroleum Corporation Ltd delivered a remarkable 170% surge in consolidated net profit for Q2 FY26, driven by higher refining margins, better marketing spreads, and effective expense control.<\/p>\n<h2><strong>Financial Highlights<\/strong><\/h2>\n<ul>\n<li><strong>Revenue<\/strong>: \u20b91,04,946 crore, up 2.1% from \u20b91,02,785 crore in Q2 FY25.<\/li>\n<li><strong>Total Expenses<\/strong>: \u20b997,976 crore, down 2.97% from \u20b91,00,970 crore a year ago\u2014reflecting strong cost discipline.<\/li>\n<li><strong>Net <a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachHis\/c462fe34-7106-460e-80ed-57a1735caab9.pdf\" target=\"_blank\" rel=\"noopener\">Profit<\/a><\/strong>: \u20b96,191 crore, a 169.53% jump from \u20b92,297 crore last year.<\/li>\n<li><strong>Earnings per Share (EPS)<\/strong>: \u20b914.27, compared to \u20b95.29 last year.<\/li>\n<li><strong>Gross Refining Margin (GRM)<\/strong>: Averaged $7.77\/bbl for H1 FY26, indicating efficiency gains despite lower global crude throughput.<\/li>\n<li><strong>Dividend<\/strong>: The Board declared an interim dividend of \u20b97.50 per share.<\/li>\n<\/ul>\n<h2><strong>Operational and Strategic Insights<\/strong><\/h2>\n<ul>\n<li>Refinery throughput for Q2 FY26: 9.82 MMT (down 4.5% YoY), with domestic sales up 3.19% to 13.58 MMT.<\/li>\n<li>Cost of materials consumed fell nearly 10% YoY, while employee expenses rose modestly.<\/li>\n<li>Marketing, distribution, and technology initiatives supported higher profitability even on moderate revenue growth.<\/li>\n<li>Received government compensation for LPG under-recoveries, boosting cash flows.<\/li>\n<li>Continued investments in expanding the fuel retail network and renewable energy projects.<\/li>\n<\/ul>\n<h2><strong>Outlook<\/strong><\/h2>\n<p>BPCL remains well-positioned for continued profit momentum, benefiting from its cost-efficient operations, technological upgrades, and government support for energy transition and LPG subsidy compensation.<\/p>\n<p>The Q2 FY26 performance highlights BPCL\u2019s strategic agility and strengthens its standing as a leading public sector oil and gas company in India.<\/p>\n<p>Explore the company\u2019s past earnings and latest concall transcripts, <a href=\"https:\/\/44.250.171.167\/symbol\/bpcl\/\">click here<\/a> to visit the AlphaStreet India News Channel.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-172037\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/BL.png\" alt=\"Q2 FY26\" width=\"1489\" height=\"1817\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/BL.png 1489w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/BL-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/BL-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/BL-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/BL-1259x1536.png 1259w\" sizes=\"auto, (max-width: 1489px) 100vw, 1489px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bharat Petroleum Corporation Ltd delivered a remarkable 170% surge in consolidated net profit for Q2 FY26, driven by higher refining margins, better marketing spreads, and effective expense control. Financial Highlights Revenue: \u20b91,04,946 crore, up 2.1% from \u20b91,02,785 crore in Q2 FY25. Total Expenses: \u20b997,976 crore, down 2.97% from \u20b91,00,970 crore a year ago\u2014reflecting strong cost [&hellip;]<\/p>\n","protected":false},"author":1932,"featured_media":172037,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[508],"class_list":["post-172036","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","tag-crude-oil"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/BL.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":171990,"url":"https:\/\/alphastreet.com\/india\/hindustan-petroleum-q2-fy26-earnings-results\/","url_meta":{"origin":172036,"position":0},"title":"Hindustan Petroleum\u00a0Q2 FY26 Earnings Results","author":"Divyansh_Kasana","date":"October 31, 2025","format":false,"excerpt":"Hindustan Petroleum Corporation Ltd (HPCL), a key oil refining and marketing company in India, posted a spectacular profit increase in Q2 FY26 despite modest revenue growth. Financial Snapshot (Q2 FY26): Revenues rose marginally by 0.9% to \u20b91,00,856 crore from \u20b999,957 crore last year. Total expenses declined 3.69% to \u20b996,439 crore\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Q2 FY26","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/hind.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/hind.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/hind.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/hind.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/hind.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/hind.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":170177,"url":"https:\/\/alphastreet.com\/india\/bharat-petroleum-corporation-q1-fy26-earnings-results\/","url_meta":{"origin":172036,"position":1},"title":"BPCL Q1 FY26 Earnings Results","author":"Divyansh_Kasana","date":"August 14, 2025","format":false,"excerpt":"Bharat Petroleum Corporation Limited (BPCL), a public sector enterprise engaged in the refining of crude oil and marketing of petroleum products, has announced its Q1 FY26 Earnings Results. Q1 FY26 Earnings Results Revenue: \u20b91,12,551 crore, down 0.48% year-on-year (YoY) from \u20b91,13,095 crore in Q1 FY25. Total Expenses: \u20b91,05,521 crore, down\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"BPCL Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/BPCLL.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/BPCLL.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/BPCLL.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/BPCLL.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/BPCLL.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/BPCLL.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":171894,"url":"https:\/\/alphastreet.com\/india\/chennai-petroleum-q2-fy26-earnings-results\/","url_meta":{"origin":172036,"position":2},"title":"Chennai Petroleum\u00a0Q2 FY26 Earnings Results","author":"Divyansh_Kasana","date":"October 28, 2025","format":false,"excerpt":"Chennai Petroleum Corporation Limited (CPCL) is a leading Indian oil refining company engaged in producing various petroleum products and manufacturing lubricating oil additives. Financial Summary for Q2 FY26: Revenues rose 35.09% year on year to \u20b916,327 crore from \u20b912,086 crore, driven by improved operational activity and higher crude throughput. Total\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Q2 FY26","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/CHE.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/CHE.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/CHE.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/CHE.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/CHE.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/CHE.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":171885,"url":"https:\/\/alphastreet.com\/india\/indian-oil-corporation-q2-fy26-earnings-results\/","url_meta":{"origin":172036,"position":3},"title":"Indian Oil Corporation Q2 FY26 Earnings Results","author":"Divyansh_Kasana","date":"October 28, 2025","format":false,"excerpt":"Indian Oil Corporation Ltd (IOC), a Maharatna company controlled by the Government of India, leads the country's oil refining and petroleum marketing sector and operates across the entire hydrocarbon value chain. Q2 FY26 Financial Summary Revenue grew 2.09% year on year to \u20b91,78,628 crore, up from \u20b91,74,976 crore, supported by\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Q2 FY26","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/IO.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/IO.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/IO.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/IO.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/IO.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/IO.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":171028,"url":"https:\/\/alphastreet.com\/india\/chennai-petroleum-q1-fy26-earnings-results\/","url_meta":{"origin":172036,"position":4},"title":"Chennai Petroleum Q1 FY26 Earnings Results","author":"Divyansh_Kasana","date":"September 8, 2025","format":false,"excerpt":"Chennai Petroleum Corporation Limited is engaged in refining crude oil to produce and supply various petroleum products and in the manufacture and sale of lubricating oil additives. Presenting below its Q1 FY26 Earnings Results. Q1 FY26 Earnings Results: Revenue: \u20b914,812 crore, down 13.35% year-on-year YoY from \u20b917,095 crore Total Expenses:\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"CHENNPETRO Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/CHENP.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/CHENP.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/CHENP.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/CHENP.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/CHENP.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/CHENP.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":170430,"url":"https:\/\/alphastreet.com\/india\/hpcl-q1-fy26-earnings-results\/","url_meta":{"origin":172036,"position":5},"title":"HPCL Q1 FY26 Earnings Results","author":"Divyansh_Kasana","date":"August 21, 2025","format":false,"excerpt":"Hindustan Petroleum Corporation Ltd (HPCL) is a major Indian company engaged in refining crude oil, marketing petroleum products, producing hydrocarbons, and providing services for management of E&P (Exploration & Production) Blocks. Presenting below are its Q1 FY26 Earnings Results. Q1 FY26 Earnings Results Revenue: \u20b91,10,825 crore, down 2.69% year-on-year (YoY)\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"HINDPETRO Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/HIND-1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/HIND-1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/HIND-1.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/HIND-1.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/HIND-1.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/HIND-1.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/172036","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1932"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=172036"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/172036\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/172037"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=172036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=172036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=172036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}