BPCL

Bharat Petroleum reports net profit of Rs. 5,412 Crs in H1 FY 2024-25 (Market Sales up by 2.45%)

25 Oct 2024 | BPCL

BPCL has demonstrated growth by 2.45% in achieving 25.55 MMT market sales in H1 FY 24-25 as against 24.94 MMT in H1 FY 23-24.

  • BPCL has reported Revenue from Operations of Rs 2,46,055.05 Crores for the half-year Apr- Sep 2024 Vs Rs. 2,44,850.90 Crores in the corresponding comparative half-year.
  • BPCL has reported Revenue from Operations of Rs 1,17,951.69 Crores for the quarter Jul- Sep 2024 Vs Rs. 1,16,594.25 Crores in the corresponding comparative quarter.
  • BPCL has recorded net profit of Rs. 5,412.00 Crores in H1 FY 2024-25 as compared to the profit of Rs. 19,052.05 Crores in the corresponding period of FY 23-24.
  • BPCL has recorded net profit of Rs. 2,397.23 Crores in Q2 FY 2024-25 as compared to the profit of Rs. 8,501.17 Crores in the corresponding period of FY 23-24.

Major highlights of the financial results are given below –

  • Company maintains a gross refining margins (GRM) for the period Apr - Sep 2024 was $6.12/bbl Vs $15.42/bbl in the corresponding comparative period.
  • Net profit for the current half-year stood at Rs 5,412.00 Crores.
  • EBITDA for current quarter of FY 24-25 is Rs. 5,436.03 Crores Vs Rs. 13,679.21 Crores in corresponding quarter of FY 23-24; EBITDA margin was at 4.61% in current quarter of FY 24-25 Vs 11.73% in Q2 FY 23-24.
  • EBITDA for current half-year of FY 24-25 is Rs. 11,592.31 Crores Vs Rs. 29,980.98 Crores in corresponding half-year of FY 23-24; EBITDA margin was at 4.71% in current H1 FY 24-25 Vs 12.24% in H1 FY 23-24.
  • Debt-Equity ratio as on September 30, 2024 was at 0.28x (as against 0.32x as on September 30, 2023)

To know more: PressRelease-BPCLQ2FY25Results.docx