"BPCL’s profit doubled — but wait till you hear what dragged down its refining margins!"

💰 Financial Performance - Net Profit: ₹6,839 crore, up 141% YoY from ₹2,841 crore — driven by lower expenses and improved margins - Revenue: ₹1.13 lakh crore, flat YoY but slightly above expectations - EBITDA: ₹9,663 crore, up 24.4% QoQ from ₹7,664 crore - EBITDA Margin: Expanded to 8.6% from 7% in Q4 FY25 🏭 Operational Metrics - Gross Refining Margin (GRM): $4.8 per barrel — below expectations of $9.6 - Throughput & Sales Volumes: Stable, with no major disruptions reported 📉 Market Reaction - Share Price: ₹323.7 — little changed post-results - YTD Performance: Stock up 10% in 2025, but down 6% in the past month ⚖️ Strategic Outlook - BPCL continues to focus on: - Expanding refining capacity - Investing in green energy and net-zero initiatives - Managing volatility in crude prices and refining margins 🎯Major Support at Rs. 300 🎯Major Resistance at Rs. 330