BY THE NEWSMAN OF INDIA.COM| Bharat Petroleum Corporation Limited (BPCL) presented its H1 FY26 performance to Dr. Arunish Chawla, Secretary, Department of Investment and Public Asset Management (DIPAM). The BPCL delegation was led by Sanjay Khanna, Chairman & Managing Director and Director (Refineries), and Vetsa Ramakrishna Gupta, Director (Finance).

During H1 FY26, BPCL reported a consolidated PAT of ₹13,031 crore, marking a 153.57% increase over the previous year. The company recorded a Gross Refining Margin (GRM) of $7.77 per barrel and revenue from operations of ₹2,51,149 crore. BPCL also announced a dividend of ₹3,254 crore, including the Government of India’s share of ₹1,724 crore, at ₹7.5 per share—reflecting its strong financial health and commitment to value creation.

With a planned capex of ₹1.7 lakh crore under Project Aspire and a budgeted capex of ₹18,500 crore for FY26, BPCL is investing in refineries, petrochemicals, CGD, pipelines, marketing infrastructure, renewables, and biofuels to enhance its financial strength and support India’s energy security and sustainability goals.