Bharat Petroleum Reports Net Profit of 4,993.17 Crore Rupees in Second Quarter
Key Facts
Indian company Bharat Petroleum reported a net profit after tax of 4,993.17 crore rupees for the quarter ended September 30, 2026, according to unaudited results cited by InvestyWise from a Bombay Stock Exchange filing. The results showed revenue from operations of 1,57,778.58 crore rupees in the same quarter. Net profit came after the company posted a consolidated net loss of 1,872.70 crore rupees in the quarter ended June 2026, according to quarterly results data reported by Business Standard. In the corresponding quarter of the previous year, the company recorded consolidated net profit of 6,839.02 crore rupees. The figures thus reflect a return to profitability from the previous quarter, while the current quarter’s result remained below the profit recorded in the corresponding period last year.
For the first half of the financial year ended September 30, 2026, net profit after tax was 1,031.04 crore rupees, according to the filing cited by InvestyWise. This figure covers the six months ended on the same date, while the 4,993.17 crore rupee result relates to the second quarter alone. A comparison of the two figures shows the difference in the time periods reported by the company in its filing. The filing also reported quarterly revenue from operations of 1,57,778.58 crore rupees, alongside the first-half result. These figures allow the quarter’s performance and the first-half total to be assessed separately, without conflating the two periods.
The previous quarter’s result was affected by a consolidated net loss of 1,872.70 crore rupees in the months ended June 2026, according to data from Business Standard. In the corresponding period of the previous year, the data showed net profit of 6,839.02 crore rupees. Reuters attributed the June loss to higher crude prices, which weighed on fuel marketing margins, and said average global Brent prices were about 45% higher than in the corresponding period. Reuters, citing Jefferies analysts, said the average petrol marketing margin was negative 10.6 rupees per litre, while the average diesel margin was negative 18.4 rupees per litre during that quarter. These figures relate to the June quarter, while the new results cover the quarter ended in September.
Bharat Petroleum’s board had set October 23 as the date to consider unaudited financial results for the quarter and half year ended September 30, 2026, according to a Bombay Stock Exchange filing cited by Trendlyne. The company also scheduled a conference call to discuss its second-quarter results for October 24, 2026, at 11:00 a.m. India time, according to a filing cited by News IB. The call follows the release of the period’s results and provides a time to discuss them with participants. First-half net profit of 1,031.04 crore rupees remains a measure of the period through the end of September, alongside the standalone quarter result. The current quarter’s result is compared with the June loss and the profit in the corresponding quarter of the previous year.