Shares of Bharat Petroleum Corporation (BPCL) fell 2% to their day’s low of Rs 280 on the BSE even as it reported a consolidated net profit of Rs 5,625 crore for the March quarter, compared with Rs 4,392 crore in the year-ago period, registering a growth of 28%. The profit after tax is attributable to the owners of the company.The oil marketing company reported revenue from operations of Rs 1.35 lakh crore in Q4FY26, up 6.3% from Rs 1.27 lakh crore recorded in the corresponding quarter of the previous financial year.On a sequential basis, however, profit declined 22% from Rs 7,188 crore reported in Q3FY26. Revenue also slipped 1.2% quarter-on-quarter from Rs 1.37 lakh crore posted in the October-December quarter of FY26.For the full financial year FY26, BPCL’s net profit surged 94% to Rs 25,843 crore from Rs 13,337 crore in FY25. Revenue from operations during the year stood at Rs 5.23 lakh crore, compared with Rs 5 lakh crore in the previous financial year, reflecting a rise of 4.4%.Net profit margin for Q4FY26 came in at 4.17%, compared with 5.26% in Q3FY26 and 3.46% in Q4FY25. Operating margin stood at 5.11% during the quarter against 6.77% in the preceding quarter and 4.09% in the year-ago period.Total expenses for the quarter stood at Rs 1.28 lakh crore, largely unchanged from Q3FY26 and higher than Rs 1.22 lakh crore reported in Q4FY25. The expenditure included costs related to materials consumed, purchase of stock-in-trade, excise duty and finance costs, among others.Net cash flow generated from operating activities rose to Rs 34,791 crore for the year ended March 31, 2026, compared with Rs 18,182 crore in the previous year.The company also improved its balance sheet position, with the debt-to-equity ratio declining to 0.43 as of March 31, 2026, from 0.63 a year earlier.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)