Bharat Petroleum
Logotype for Bharat Petroleum Corporation Limited

Bharat Petroleum (BPCL) investor relations material

Bharat Petroleum Q1 26/27 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Bharat Petroleum Corporation Limited
Q1 26/27 earnings summary23 Jul, 2026

Executive summary

  • Q1 FY 2027 was marked by significant geopolitical volatility, impacting crude sourcing, pricing, and supply chains, but operational resilience and supply chain agility ensured uninterrupted fuel and LPG supplies across India.

  • Consolidated revenue from operations for Q1 FY27 was ₹1,59,527.05 crore, up 23% year-over-year, but the quarter ended with a consolidated net loss of ₹1,872.70 crore, compared to a net profit of ₹6,839.02 crore in Q1 FY26.

  • The loss was primarily due to suppressed marketing margins on certain petroleum products, partially offset by higher refining margins.

  • The company proactively increased spot crude purchases to 69% of total sourcing, diversified suppliers (notably Russian crude at 38%), and introduced new grades from Venezuela and Angola.

  • Exceptional income of ₹1,884.56 crore was recognized due to reclassification of foreign currency translation reserve on conversion of a JV to subsidiary.

Financial highlights

  • Revenue from operations for Q1 FY 2027 was INR 1,59,479 crore, with a standalone loss of INR 3,962 crore.

  • Consolidated total income for Q1 FY27 was ₹1,60,776.35 crore, up from ₹1,30,364.40 crore in Q1 FY26.

  • Marketing inventory gains of around INR 3,000 crore were recognized due to rising prices in most of the quarter.

  • Cumulative LPG compensation buffer stood at INR 15,804 crore as of June 30, 2026, after partial government compensation.

  • Debt-equity ratio at standalone gross borrowings level was 0.19x, with borrowings of INR 17,396 crore.

Outlook and guidance

  • Full-year CapEx guidance remains at INR 25,000 crore, with project expenditure expected to accelerate as execution milestones are met.

  • The company expects stable performance by year-end, with cash flows sufficient to fund ongoing and future projects.

  • Compensation for LPG under-recoveries is being received in monthly installments, supporting cash flows.

  • Management remains confident of continued government support for LPG compensation.

Expensing of Mozambique force majeure costs
Status of cumulative net negative LPG buffer
FCTR gain reclassification from IBV acquisition
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.
Research faster. Power your platform.

Next Bharat Petroleum earnings date

Logotype for Bharat Petroleum Corporation Limited
Q2 26/2730 Oct, 2026
Bharat Petroleum
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Bharat Petroleum earnings date

Logotype for Bharat Petroleum Corporation Limited
Q2 26/2730 Oct, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Explore our global coverage