BPCL share price: Shares of Bharat Petroleum Corporation Ltd (BPCL) will be in focus during tomorrow’s trading session on Wednesday, April 30, after India’s second-largest state-owned oil marketing company (OMC) announced its January-March quarter results for fiscal 2024-25 (Q4FY25) earlier today.
The public sector undertaking (PSU) also declared a final dividend of ₹5 per share along with its fourth-quarter results for FY25. Ahead of announcing the March quarter results, shares of BPCL settled 0.52 per cent higher at ₹311.60 apiece on the BSE. BPCL shares have rallied nearly nine per cent in one month.
BPCL Q4 Results
BPCL reported a decline of eight per cent in its consolidated net profit to ₹4,392 crore for the March 2025 quarter, compared to ₹4,789.57 crore in the same quarter last year. The revenue from operations during the quarter under review dipped four per cent to ₹1,26,916 crore from ₹1,32,087 crore in the corresponding quarter of the financial year 2023-24 (FY24).
On a quarter-on-quarter (QoQ) basis, the PSU’s net profit saw a 15 per cent uptick from ₹3,806 crore posted in the preceding quarter of FY25. Sequentially, revenue from operations was largely flat, down just 0.5 per cent QoQ.
For the full fiscal FY25, BPCL reported a net profit halving to ₹13,275.26 crore on a revenue of ₹5 lakh crore. BPCL earned $ 6.82 on turning every barrel of crude oil into fuel, down from $14.14 per barrel gross refining margin in FY24.
In the filing, BPCL said it lost ₹3,217.82 crore on selling domestic LPG at below cost in the March quarter and ₹10,446.38 crore in the full FY25. BPCL said its refineries processed 10.58 million tonnes of crude oil in Q4, up from 10.36 million tonnes a year back. In FY25, BPCL’s refinery throughput was 40.51 million tonnes as opposed to 39.93 million tonnes in the previous fiscal year.
BPCL Dividend History
BPCL’s board of directors announced a final dividend of ₹5 per equity share, in addition to the interim dividend of ₹5 paid earlier in FY25.
“The Board of Directors has recommended a final dividend of ₹5 per equity share of face value of ₹10 each, subject to the shareholders’ approval at the ensuing Annual General Meeting (AGM). The final dividend would be paid within 30 days from its declaration at the AGM. The record date for the final dividend will be intimated separately,” said BPCL in its regulatory filing to the stock exchanges.
BPCL will announce the record date for its final dividend in a separate exchange filing. According to the OMC’s statement, the final dividend will be paid within 30 days from the declaration at the annual general meeting.
“The Board of Directors at its meeting held on April 29, 2025, has recommended a final dividend of ₹5 per equity (Face Value: ₹10 per equity share). This is in addition to the interim dividend of ₹5 per equity share (Face Value: ₹10 per equity share) paid for the year by the corporation,” said BPCL in its exchange filing.
BPCL has declared 39 dividends since January 31, 2003. In the past 12 months, the OMC has declared an equity dividend of ₹15.50 per share. At the current share price of ₹311.7000, BPCL’s dividend yield is 4.97 per cent.
BPCL Q4 Results: Should you buy, sell, or hold the OMC stock tomorrow?
After the latest quarterly performance, D-Street experts are positive about BPCL’s fundamentals and technical parameters. Analysts say BPCL’s margin expansions indicate its ability to navigate challenging market conditions.
“BPCL’s bottom line has shown resilience amid fluctuating crude prices and refining spreads. The company’s strong operational performance and margin expansion indicate its ability to navigate challenging market conditions. The results demonstrate BPCL’s stability and adaptability in market volatility,” said Seema Srivastava, Senior Research Analyst at SMC Global Securities
“Overall, BPCL’s Q4 results reflect a solid performance, driven by its operational efficiency and ability to manage costs. The company’s financials indicate a stable position, despite a sequential decline in profit,” added Srivastava.
BPCL share price: Technical View
According to Anshul Jain, Head of Research at Lakshmishree Investments, “BPCL broke out of a bullish 92-day-long cup and handle pattern at 310 in the last session and is sustaining above the breakout zone, although volumes were missing on the breakout day.”
“In many cases, volume tends to rise during the follow-through phase. The structure remains positive as long as the stock holds the breakout zone of 310–305. An upside momentum towards 386 is likely, with a minor hurdle around the 349 level,” added Jain.
Disclaimer: The views and recommendations provided in this analysis are those of individual analysts or broking companies, not Mint. We strongly advise investors to consult with certified experts, consider individual risk tolerance, and conduct thorough research before making investment decisions, as market conditions can change rapidly, and individual circumstances may vary.
