Mumbai : Bharat Petroleum Corporation Limited (BPCL), a Fortune Global 500 company and a Maharatna, announced its financial results for the quarter ended September 30, 2026, highlighting progress across its core energy businesses, infrastructure development and customer-focused initiatives. During the quarter, BPCL expanded its LPG and PNG network, enhanced customer amenities and advanced indigenous technology and alternative fuel solutions.
BPCL also strengthened its strategic partnerships and took a step towards the proposed Ramayapatnam Refinery and Petrochemical Complex, with its Board approving the incorporation of a dedicated project company. The company continued to focus on operational efficiency, product quality and customer safety while advancing initiatives aligned with India’s evolving energy needs.
Key Highlights – Q2 FY2026–27
- Ramayapatnam Refinery Project: The Board approved the incorporation of a wholly owned subsidiary as a dedicated project company for the proposed 10 MMTPA Greenfield Refinery and Petrochemical Complex at Ramayapatnam, Andhra Pradesh, subject to requisite government, statutory and regulatory approvals.
- LPG Infrastructure: Commissioned the Matia LPG Bottling Plant in Goalpara, Assam, BPCL’s first LPG bottling plant in the North-East.
- Natural Gas Expansion: Connected 1.22 lakh new homes to Piped Natural Gas (PNG) in the last six months.
- Customer Convenience: Launched Bharatgas Lite ZIP, a premium LPG offering that brings customers faster, more convenient service.
- Retail Network Amenities: Rolled out over 9,000 clean, hygienic, odour-free Drive Fresh washrooms across the retail network
- Indigenous Technology: Developed and launched Extreme Weather Grade (XWG) Diesel for the Indian Army, built for military vehicles operating in extreme winter and at high altitude.
- Sustainable Aviation Fuel: Operated a commercial flight on Aviation Turbine Fuel (ATF) blended with 1% Sustainable Aviation Fuel (SAF).
- Strategic Partnership: Partnered with Tiki Tar and Shell India Private Limited (TTSIPL) to expand BPCL’s value-added bitumen portfolio.
- LPG Quality and Consumer Safety: Continued the ‘Zero Ka Dum’ (ZKD) programme and expanded the ‘Defect Mila Toh Refill Free’ initiative, now operational in 14 cities
Key Highlights – Q2 FY2026-27
- Refinery Throughput: 10.41 MMT, with capacity utilisation of 118%
- Domestic Market Sales: 13.47 MMT
- Continued investments in infrastructure, supply chain resilience and digital transformation
- Ensured uninterrupted fuel supplies across the country
Q2 FY27 FINANCIAL HIGHLIGHTS
(Rs.Cr.)
| Consolidated | Standalone | |||||
| Q2FY27 | Q2FY26 | % Change | Q2FY27 | Q2FY26 | % Change | |
| Revenue from Operations | 1,57,818 | 1,21,605 | 29.78% | 1,57,779 | 1,21,571 | 29.78% |
| EBITDA | 9,647 | 11,136 | -13.37% | 9,437 | 10,968 | -13.96% |
| Net Profit | 4,863 | 6,191 | -21.45% | 4,993 | 6,443 | -22.50% |
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