Archive · 23 Jul 2026
BPCL Reports Significant Q1 Loss Amid Global Challenges
Bharat Petroleum Corporation Ltd (BPCL) recently reported a big loss for the first three months of the year.
They lost Rs 3,962.13 crore, which is a lot less money than they made in the same time last year.
This happened because selling fuel and other oil products wasn't as profitable, and the cost of oil and shipping went up because of problems in the world.
The company tried to keep fuel prices the same for people, which also hurt their profits.
However, their exploration and production part did really well, making a lot more money than before.
BPCL reported a net loss of Rs 3,962.13 crore for Q1 FY27, compared to a profit of Rs 6,123.93 crore in the same period last year.
Revenue from operations increased to Rs 1,59,479.28 crore, up from Rs 1,29,577.89 crore in the previous year.
The downstream petroleum segment posted a net loss of Rs 5,919 crore, a decline from Rs 8,060 crore in Q1 FY26.
Exploration and production wing's profit surged 154% year-over-year to Rs 2,084 crore.
The company cited suppressed marketing margins and higher global crude oil prices as reasons for the loss.
- Who
- Bharat Petroleum Corporation Ltd (BPCL)
- What
- Reported a net loss of Rs 3,962.13 crore for Q1 FY27
- When
- Quarter ended 30 June 2026
- Where
- Mumbai, India
- Why
- Due to suppressed marketing margins on petroleum products, higher global crude oil prices, and not passing on costs to consumers
Downstream Business Challenges
Exploration and Production Growth
Financial Performance
Downstream Business Challenges
The downstream petroleum segment posted a net loss of Rs 5,919 crore, a sharp decline from the previous year.
Exploration and Production Growth
The exploration and production wing's profit surged 154% year-over-year to Rs 2,084 crore.
- Net Loss
- Rs 3,962.13 crore
- Revenue from Operations
- Rs 1,59,479.28 crore
- Total Income
- Rs 1,60,732.72 crore
- Total Expenses
- Rs 1,66,037.90 crore
- Earnings Per Share (EPS)
- -Rs 9.27
- LPG Under-recoveries
- Rs 15,803.74 crore
- Government Compensation for LPG
- Rs 1,898.49 crore
Sources
BPCL reports net loss of Rs 1,872 crore in Q1 as downstream business drags earnings
Bharat Petroleum Reports Net Loss Of ₹3,962.13 Crore For June Quarter
BPCL Q1 Result: State-Led OMC Reports Rs 3,962 Cr Net Loss - Here's Why
Hindustan Petroleum Reports ₹11,526 Crore Standalone Net Loss In Q1 FY27, Expenses Rise
HPCL posts net loss of ₹12,265 Cr as West Asia conflict impacts margins
