Page 2 - Bharat Petroleum Corporation Ltd News

IOCL, BPCL, HPCL hit 52-week highs; What's driving OMCs to outperform?

In the past one week, the BSE Oil & Gas index up 3.4 per cent, as compared to 0.91 per cent decline in the BSE Sensex.

BPCL shares rise 2% after positive earnings; Q2 breakdown here

BPCL shares rose after it reported a 168 per cent Y-o-Y jump in standalone net profit at ₹6,442 crore for the second quarter

BPCL buys Upper Zakum crude to replace Russian supplies after US sanctions

The Indian refiner purchased 2 million barrels of Upper Zakum crude for loading in December

Stocks to Watch today, Nov 3: Auto stocks, BPCL, Bank of Baroda, JK Cement

Stocks to Watch today, November 3, 2025: From Maruti Suzuki, Bharat Petroleum, to Bank of Baroda, here is a list of stocks that will be in focus today

BPCL Q2 net profit more than doubles to ₹6,442 crore; revenue up 2.54%

Company's board of directors approves interim dividend of ₹7.5 per equity share for FY26

BPCL Q2 results: Net profit jumps 169% to ₹6,443 cr, revenue rises 3%

Bharat Petroleum Corporation Ltd (BPCL) on Friday reported a 169 per cent jump in its September quarter net profit on the back of a surge in refining margins. Its standalone net profit of Rs 6,442.53 crore in July-September - the second quarter of 2025-26 fiscal year - was 169 per cent higher than Rs 2,397.93 crore earned in the same period last year, according to a stock exchange filing by the company. The company earned USD 10.78 on turning every barrel of crude oil into fuels like petrol and diesel, compared to a gross refining margin of USD 4.41 per barrel in July-September 2024. The revenue from operations was up 3 per cent at Rs 1.21 lakh crore. On operational performance, BPCL said its refineries achieved a throughput of 9.82 million tonnes with a capacity utilisation of 111 per cent in Q2 against 10.28 million tonnes processed in the same period a year back. BPCL registered quarterly domestic sales of 12.67 million tonnes, a growth of 2.26 per cent over 12.39 million tonne

BSE PSU index hits 52-week high; BHEL, CPCL, MRPL rally up to 17% in 1 week

In the past one week, PSU index has outperformed the market by gaining 1.5 per cent, as against 0.4 per cent decline in the BSE Sensex.

Nifty eyes fresh record high; BPCL, Power Grid among top stocks to buy

Stocks to buy: Ajit Mishra of Religare Broking recommends buying BCPL, Grasim Industries, and Power Grid; also suggests Nifty trading strategy

BPCL buys crude from every place including Russia based on viability: CMD

State-owned BPCL has said its crude procurement is based on techno-commercial viability for its refineries and it buys from every geography including Russia. BPCL Chairman and Managing Director Sanjay Khanna said that currently preparation of Detailed Feasibility Report (DFR) is underway for the company's proposed Greenfield Refinery and Petrochemical Complex near Ramayapatnam Port in Nellore district, Andhra Pradesh and obtaining necessary environmental clearances. "We buy oil from every geography and the oil which is most techno-commercially viable for the refinery, not only me (BPCL), every refiner goes for it. So that is the stand, be it Russian oil or any oil for that matter. That is how we go for it. Whichever is giving us the highest value for the company ensures the reliable operations," Khanna told PTI. A senior official of the Department of Petroleum and Natural Gas replying to a query on the crude imports from Russia on Tuesday said those decisions are not taken at the ..

Buy or Sell? How to trade Reliance, ONGC, OMC shares amid Russian oil ban

Crude Oil prices have soared 7% in the last two weeks following fresh US sanctions on Russian oil imports. Back home, shares of oil exploration and marketing companies look favourably placed on charts

Andhra allots 6,000 acres to BPCL for ₹96,000 cr refinery near port

The state government also announced in-principle approval of total financial incentives to BPCL, up to 75 per cent of the capital expenditure over a period of 20 years from the commencement of project

Andhra allots 6,000 acres to BPCL for ₹1 trn greenfield refinery project

Andhra Pradesh Government has issued orders allotting 6,000 acres of land situated near Ramayyapatnam Port in Nellore District on a cost basis, to BPCL Ltd for setting up 9 to 12 MMTPA Greenfield Refinery cum Petrochemical Complex, which envisages an investment of about Rs 1 lakh crore. The state government order gave in-principle approval of total financial incentives to Bharat Petroleum Corporation Limited, up to 75 per cent of the capital expenditure over a period of 20 years from the commencement of project activities, for the ultra-mega project of more than 96,000 crore under tailor-made incentives provisions. The BPCL is expected to invest Rs 4,843 crore during the current financial year and Rs 9,686 crore next year. It will be investing Rs 14,529 crore in 2027-28, Rs 29,059 crore in 2028-29 and Rs 38,745 crore in FY30, totalling Rs 96,862 crore investment, according to the government order. The public sector enterprise will get a capital subsidy of 43.5 per cent in 15 ...

BPCL to complete Andhra refinery feasibility report by December 2025

Bharat Petroleum will complete the feasibility report for its Andhra Pradesh greenfield refinery by December 2025 before beginning talks with foreign partners for collaboration

HPCL, BPCL, IOCL rally up to 4%; why OMC shares are in demand today?

Analysts believe that OMCs now have a large margin of safety owing to low oil price and a large capex plan which gives them confidence that a normative level of earnings will still be maintained.

Crude slips to 3-month low; INR weakness seen pressuring OMCs, CGDs: Nomura

Nomura said that the INR's depreciation remains a headwind for OMCs and CGDs, as their input costs are dollar-linked while revenues are in rupees.

BPCL, OIL to build city gas network in Arunachal under new joint venture

Arunachal Pradesh is set to get a city gas distribution network with Bharat Petroleum Corp Ltd (BPCL) and Oil India Ltd (OIL) signing an agreement on Tuesday to set up a joint venture company to implement the project. As a part of the project, Compressed Natural Gas (CNG) stations will be set up and Piped Natural Gas (PNG) will be supplied to households, commercial units, and industries in the state, a statement said. The initiative is aimed at expanding clean energy access and contributing to the socio-economic development of the northeastern state, in line with the government's gas-based economy vision, it said. The agreement was signed at BPCL's corporate office in Mumbai in the presence of its CMD Sanjay Khanna and OIL's CMD Ranjit Rath. "This joint venture reaffirms BPCL's commitment to expanding clean energy access across India, with special focus on the North-East. Together with OIL, we will build a strong city gas distribution network to serve households, industries, and ..

BPCL eyes new refinery-cum-petrochemical complex in Andhra Pradesh

Bharat Petroleum Corporation Ltd (BPCL) is exploring the possibility of setting up a greenfield oil refinery and petrochemical complex near Ramayapatnam Port in Andhra Pradesh, as part of its strategy to expand capacity in response to growing energy demand across India. The state-owned energy major is currently assessing the feasibility of the project, which would mark a significant addition to its refining infrastructure in the country. India, the world's third-largest oil-importing and consuming nation, is projected to add 1 million barrels per day of incremental oil demand by 2030 - the highest in the world, said Sanjay Khanna, chairman and managing director of BPCL, at the company's annual shareholder meeting on Monday. To put things in perspective, the global oil demand is expected to grow by 2.5 million barrels per day by 2030. India currently consumes 5.5 million barrels of oil per day. "Recognising the strong growth potential of India, BPCL is evaluating setting up a ...

Large capex a key concern for BPCL amid crude oil price uncertainty

BPCL's Q1FY26 profit fell short of expectations as refining margins weakened, though marketing remained robust Analysts caution that rising capex could strain balance sheet

BPCL buys 10 mn barrels of US crude oil through five-month tender

India, the world's third-largest oil importer, is increasing imports from the United States as negotiations for a bilateral trade agreement continue

Q1 results today: BPCL, IRCTC, Godrej, Muthoot Finance among 642 on Aug 13

Q1 FY26 company results: CSB Bank, United Spirits, Aditya Birla Fashion and Retail (ABFRL), Firstcry and Pfizer are also to release their April-June quarter earnings reports today