BPCL Unveils Financial Results for FY 2024-25-Recommends ₹5 Final Dividend Per Share

Mumbai, April 29, 2025: Bharat Petroleum Corporation Limited (BPCL) has announced its audited financial results for the fiscal year 2024-25 following a board meeting held in Mumbai. The meeting marked the final board participation of the company’s current Chairman and Managing Director.
For FY 2024-25, BPCL reported a standalone net profit of ₹13,275.26 crore, a decline from ₹26,673.50 crore in the previous year. Total income stood at ₹5,03,457.45 crore, with ₹5,00,371.25 crore derived from operations. Refinery throughput was recorded at 40.51 million metric tonnes, while market sales reached 52.40 million metric tonnes, reflecting a sales growth of 2.66%. However, the average gross refining margin (GRM) dropped to $6.82 per barrel, significantly lower than $14.14 per barrel in FY 2023-24.
A final dividend of ₹5 per equity share (face value ₹10) has been recommended by the board, subject to shareholder approval at the upcoming Annual General Meeting (AGM). The dividend is slated to be disbursed within 30 days of its declaration at the AGM.
The company’s total assets grew to ₹1,87,994.54 crore, with equity share capital at ₹4,272.58 crore. The debt-equity ratio was maintained at 0.29, indicating financial stability. A notable concern for investors is the ₹1,773.93 crore impairment loss recorded on investments in its subsidiary, Bharat PetroResources Limited (BPRL), attributed to revised prospects of oil and gas blocks.
In June 2024, BPCL issued bonus shares in a 1:1 ratio, leading to the restatement of earnings per share (EPS) for all periods. The financial results, compliant with Indian Accounting Standards (Ind AS), have been endorsed by auditors with an unmodified opinion.
Expectations are high for BPCL’s leadership to implement strategic measures to enhance refining margins and operational efficiency, further strengthening investor confidence in the company’s future.