Bharat Petroleum Corp. reported double-digit sequential growth in profit and revenue in the third quarter of the current financial year. Standalone net profit surged 17% to Rs 7,545 crore in the October-December quarter, compared to Rs 6,443 crore in the previous quarter, according to a stock exchange filing on Friday.
The public sector oil company’s revenue jumped 13% to Rs 1.19 lakh crore. Operational performance improved, with earnings before interest, tax, depreciation and amortization rising 19% to Rs 11,677 crore. Margin expanded to 9.8% from 9.3% in the second quarter.
The board declared a second Interim Dividend of Rs 10 per equity share for FY26. The dividend will be paid on or before Feb. 21. The record date has been fixed as Feb. 2 to determine the eligibility of the shareholders to receive the second Interim Dividend.
The first interim dividend of Rs 7.5 per share was handed out in November last year.
Shares of BPCL settled 1.4% lower at Rs 349.3 on the BSE, ahead of the results, compared to a 0.9% decline in the benchmark Sensex. The stock is up 29% in the last 12 months.
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