Bharat Petroleum Corporation Limited has officially announced an important board meeting scheduled for later this month. The state-owned oil marketing giant revealed this development through an exchange filing dated January 16, 2026.
Key Agenda Items for the Board Meeting
The company's board of directors will convene on Friday, January 23, 2026. They have two significant matters to address during this session. First, they will review and approve the unaudited financial results for the quarter ending December 31, 2025. This period represents the third quarter of the financial year 2025-26.
Second, the board will deliberate on declaring a second interim dividend for the ongoing financial year. This follows the company's earlier dividend announcement for FY26.
Trading Window Closure
BPCL has implemented standard regulatory measures alongside this announcement. The trading window for designated personnel will remain closed until Sunday, January 25, 2026. This restriction helps prevent any potential insider trading around the time of financial results disclosure.
Recent Financial Performance Overview
Looking at the company's most recent reported results provides context for the upcoming board meeting. BPCL demonstrated strong performance in the second quarter of FY26.
The Maharatna public sector undertaking posted a standalone net profit of ₹6,442.53 crore for Q2 FY26. This represents a remarkable 168% increase compared to ₹2,397.23 crore in the same quarter of the previous fiscal year. However, when examined sequentially, the net profit showed a slight decline of 5.20% from ₹6,123.93 crore recorded in the June quarter.
Revenue and Operational Metrics
BPCL's standalone revenue from operations reached ₹1,21,570.90 crore in Q2 FY26. This figure marks a 3.1% year-on-year growth from ₹1,17,917.43 crore. On a quarter-on-quarter basis, revenue decreased by 6.17% from ₹1,29,577.89 crore in the June 2025 quarter.
The company's operational performance showed positive trends. EBITDA for the September quarter improved to ₹9,778 crore, reflecting a 1.2% increase from ₹9,664 crore in the previous quarter. The EBITDA margin strengthened to 9.3%, up from 8.6% in the June quarter.
Previous Dividend Announcement
BPCL has already declared one interim dividend for FY26. The board approved a payout of ₹7.5 per equity share with a face value of ₹10. This translates to a 75% dividend for the financial year 2025-26.
Stock Performance Analysis
BPCL shares have exhibited notable movement in recent trading sessions. The stock gained over 4% in the last five sessions, though it declined 1.25% over the past month.
Examining longer timeframes reveals more substantial growth. The PSU stock advanced nearly 5% in the last six months and surged 33% over one year. Since its initial listing, BPCL shares have delivered extraordinary returns of 3600%, multiplying investor wealth more than fourfold.
The stock trades on both the National Stock Exchange and Bombay Stock Exchange. It reached a 52-week high of ₹388.30 on January 1, 2026, and touched a 52-week low of ₹234.15 on March 3, 2025.
Disclaimer: This information serves educational purposes only. Investors should consult qualified investment advisors before making any financial decisions.