Bharat Petroleum Corporation Limited (BPCL) Annual Report 2024-25 highlights:
Link: https://links.sgx.com/1.0.0/corporate-announcements/348YT4J0BUP33Y0Q/d966f936532133a128a21e02b68e9713a5798218ec764be3affd3431cce95dc9
Summary:
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Record revenue and profit for the year: FY 2024-25 revenue reached ₹5,00,517 crore, net profit was ₹13,337 crore, and the average gross refining margin was $6.82 per barrel, the highest among PSU OMCs.
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Dividend: Board recommends a ₹5 per share final dividend, with ₹5 per share interim dividend already paid (total ₹10 per share for the year), subject to AGM approval.
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Operational achievements: Refineries operated at 115% utilization (all-time high), crude throughput hit 40.51 million metric tonnes, and market sales were 52.4 million metric tonnes (both record highs).
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Market position: BPCL maintains a strong retail network with 23,642 fuel outlets, 6,269 LPG distributors, and 111 BeCafe stores, reinforcing its nationwide leadership in fuel, LPG, and EV charging.
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Financial strength: Net worth increased to ₹80,960 crore, assets to ₹1,87,995 crore; debt/equity ratio at 0.29; healthy cash flow from operations at ₹23,678 crore.
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Clean energy push: Achieved 16.35% ethanol blending in petrol (all-time high); installed renewable capacity at 154.86 MW with additional projects underway; commissioned a 5 MW green hydrogen plant at Bina Refinery.
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Growth and innovation: Significant investments in petrochemicals, biofuels, green hydrogen, seamless EV charging, and digital transformation (“UFill” and AI-powered “URJA” chatbot).
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Future outlook: Ongoing transformation with Project Aspire, focusing on scaling refinery and petrochemical capacity, rural expansion, and further digitization.
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Golden Jubilee: BPCL celebrated its 50th year, marking five decades of innovation and contributions to India's energy security.
BPCL delivered its best-ever year for operational output, profitability, and capacity utilization, while advancing its strategy for energy transition and digital transformation. The company remains a leading and fast-growing energy conglomerate in India, set for future-ready leadership.