About the Company

Bharat Petroleum Corporation Limited (BPCL) is a Fortune 500, integrated energy company and India’s second-largest public sector oil marketing company by domestic sales volume. It operates across the energy value chain with 35.3 MMTPA of refining capacity at Mumbai, Kochi and Bina, supported by a nationwide marketing network of 23,500+ fuel stations and 6,200+ LPG distributors, making it a key pillar of India’s energy security.

Incorporated on November 3, 1952, the company reports consolidated revenue from operations of Rs 5,00,517 crore and net profit of Rs 13,337 crore in FY 2024–25 . BPCL’s upstream presence spans four continents and six countries—Russia, Brazil, Mozambique, UAE, Indonesia and India—via its wholly owned subsidiary, Bharat PetroResources Limited, alongside partnerships with global majors like Total Energies, ONGC, Rosneft, Mitsui, OIL, BP, ADNOC and Petrobras .

The company’s core portfolio includes fuels (MS/petrol, HSD/diesel), LPG, lubricants, aviation fuels, industrial and commercial fuels, pipelines, city gas distribution, petrochemicals, and a growing renewable energy platform (solar, wind, green hydrogen, biofuels).

Business Segments

BPCL operates through diverse business verticals spanning:
– Refining and Petrochemicals
– Retail, LPG, Lubricants, Aviation
– Industrial & Commercial, Consumer Retailing
– Gas (including CGD, CNG/LNG)
– Pipelines
– Renewables; Biofuels, Ethanol and CBG.

Revenue by geography (FY 2024–25): India Rs 4,94,348.79 crore; Other Countries Rs 6,168.69 crore . Revenue by industry vertical (products contributing to turnover): High Speed Diesel 44.49%, Motor Spirit 20.51%, LPG 16.54% . Segment view: external revenue from Downstream Petroleum was Rs 5,00,371.25 crore; Exploration & Production Rs 146.23 crore .

Key Management

– Sanjay Khanna, Chairman & Managing Director (w.e.f. May 1, 2025) and Director (Refineries): a Chemical Engineer with 30+ years’ oil and gas experience, he leads BPCL’s refinery investment roadmap under Project Aspire and the Rs 49,000 crore Bina Petrochemical and Refinery Expansion project .

Latest Updates

FY 2024–25 was marked by operational records and strategic moves. BPCL achieved its highest-ever refinery crude throughput at 40.51 MMT and market sales of 52.40 MMT; consolidated net profit stood at Rs 13,337 crore with a Gross Refining Margin of $6.82/bbl . Under Project Aspire (five-year roadmap through FY 2028–29), the Board approved replacing legacy units at Mumbai Refinery with a new PRFCC unit and associated facilities at a gross capex of Rs 14,200 crore . In renewables, BPCL reported 154.86 MW installed and 171 MW under development, with a 5 MW green hydrogen plant commissioned at Bina Refinery; it has outlined a roadmap to 10 GW by 2035 .

The Gas business expanded to 26 standalone GAs plus 26 via JVs (154 districts), tied up with 14 CBG manufacturers, and signed a medium-term sourcing contract with ADNOC Trading; it commissioned 840 CNG stations to date and scaled network infrastructure, including 5,750 inch-km of steel pipelines . In Retail, BPCL commissioned 3,428 EV charging stations in FY 2024–25, taking the total to 6,563, and added 105 BeCafés (111 total) across its 23,642-outlet network . BPCL was ranked 10th globally in the Oil & Gas sector by the Dow Jones Sustainability Index and reported ENCON-linked reductions of 1,31,396 MT CO2e; it targets Net Zero (Scope 1 and 2) by 2040 .