Nature of Disclosure: Regulatory filing under SEBI Listing Obligations and Disclosure Requirements Regulation 30, submitting unaudited financial results for Q2 and H1 FY2027.

Financial Performance Q2 FY27 (Jul-Sep 2026):

  • Profit before tax: ₹6,686 crore (compared to ₹8,596 crore in Q2 FY26)
  • Profit after tax: ₹4,993 crore (compared to ₹6,443 crore in Q2 FY26)
  • Forex fluctuation loss: ₹397 crore (compared to ₹561 crore loss in Q2 FY26)
  • Marketing inventory loss: ₹330 crore (compared to ₹895 crore gain in Q2 FY26)
  • Interest expenditure: ₹659 crore (compared to ₹420 crore in Q2 FY26)
  • Interest income: ₹270 crore (compared to ₹460 crore in Q2 FY26)

Financial Performance H1 FY27 (Apr-Sep 2026):

  • Profit before tax: ₹1,381 crore (compared to ₹16,752 crore in H1 FY26)
  • Profit after tax: ₹1,031 crore (compared to ₹12,566 crore in H1 FY26)
  • Forex fluctuation loss: ₹51 crore (compared to ₹541 crore loss in H1 FY26)
  • Marketing inventory gain: ₹2,804 crore (compared to ₹60 crore gain in H1 FY26)
  • Interest expenditure: ₹1,074 crore (includes ₹408 crore lease liability interest under IND AS 116)
  • Interest income: ₹637 crore

Debt and Financial Position:

  • Debt position (excluding IND AS 116 liabilities): ₹15,246 crore as of 30th September 2026 (compared to ₹12,262 crore as of 30th September 2025 and ₹10,480 crore as of 31st March 2026)
  • Lease liability under IND AS 116: ₹11,848 crore as of 30th September 2026 (compared to ₹10,942 crore as of 31st March 2026)
  • Oil Bond holding including Government Stock (Face Value): ₹2,826 crore as of 30th September 2026

Operational Metrics - Refining:

  • Gross Refining Margin (BPCL): $32.53/bbl in Q2 FY27 (compared to $10.78/bbl in Q2 FY26)
  • H1 FY27 GRM: $36.90/bbl (compared to $7.77/bbl in H1 FY26)
  • Refinery throughput: 10.41 MMT in Q2 FY27 (compared to 9.82 MMT in Q2 FY26)
  • Mumbai Refinery: 4.07 MMT
  • Kochi Refinery: 4.22 MMT
  • Bina Refinery: 2.12 MMT
  • Distillate Yield: 84.38% in Q2 FY27
  • High Sulphur as % of total crude: 78.00% in Q2 FY27

Operational Metrics - Marketing:

  • Total sales: 14.06 MMT in Q2 FY27 (compared to 13.03 MMT in Q2 FY26)
  • Domestic sales: 13.47 MMT
  • LPG: 1.92 MMT
  • MS (Petrol): 3.04 MMT
  • HSD (Diesel): 5.76 MMT
  • SKO: 0.02 MMT
  • ATF: 0.57 MMT
  • Others: 2.16 MMT
  • Exports: 0.59 MMT

Additional Information:

  • The GRM figures are before factoring the impact of Special Additional Excise Duty and Road & Infrastructure Cess levied effective 27th March 2026
  • The results are unaudited
  • The information is available on the company website at www.bharatpetroleum.in

Regulatory Reference: Filed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015