BPCL Q3FY26 Net Profit Jumps 89% to Rs 7,188 Crore on Strong Refining Margins

• BPCL's consolidated net profit for Q3FY26 surged by 88.8% to Rs 7,188.4 crore, up from Rs 3,805.9 crore in Q3FY25.
• The significant profit increase was primarily driven by improved refining margins.
• Revenue from operations rose 7% to Rs 1.36 lakh crore in Q3FY26, compared to Rs 1.27 lakh crore in Q3FY25.
• Average gross refining margin (GRM) for April-December FY26 was $9.68 per barrel, a substantial increase from $5.95 per barrel in the prior year.
• The company declared a second interim dividend of Rs 10 per equity share.

Why It Matters: BPCL reported an 89% surge in Q3FY26 net profit, reaching Rs 7,188.4 crore, fueled by robust refining margins.