State-owned Maharatna company Bharat Petroleum Corporation (BPCL) on Friday reported a 21.45% year-on-year (YoY) decline in profit attributable to owners at Rs 4,863.05 crore in Q2FY27 from Rs 6,191.49 crore in Q2FY26. However, on a sequential basis, the company posted a strong turnaround in the September quarter, against a loss of Rs 3,962.13 crore in the previous quarter (Q1FY27).
The company's revenue from operations gained 29.78% YoY at Rs 1,57,817.93 crore in the quarter under review, compared with Rs 1,21,604.70 crore reported in Q2FY26. Total expenses at the state-owned company rose 32.54% YoY to Rs 1,51,932.8 crore against Rs 1,14,634.91 crore in the year-ago quarter.