Shares of Bharat Petroleum Corporation Ltd (BPCL) are set to capture attention in the upcoming trading session on Wednesday, April 30, as the company has just released its financial results for the January-March quarter of fiscal year 2024-25 (Q4FY25). As India’s second-largest state-owned oil marketing company, BPCL also announced a final dividend of ₹5 per share, which adds to the excitement surrounding the stock. Prior to the announcement, BPCL shares experienced a modest increase of 0.52%, closing at ₹311.60 on the BSE, and have surged nearly 9% over the past month.

BPCL Q4 Financial Performance

In its latest quarter results, BPCL revealed a consolidated net profit of ₹4,392 crore for Q4FY25, reflecting an 8% decline from ₹4,789.57 crore in the same quarter last year. The company’s revenue from operations also took a hit, dropping 4% to ₹1,26,916 crore, compared to ₹1,32,087 crore in Q4 of FY24.

However, when looking at the quarter-on-quarter performance, BPCL’s net profit showed a 15% increase, rising from ₹3,806 crore in the previous quarter. Revenue from operations remained relatively stable, with only a 0.5% decrease QoQ.

For the entire fiscal year FY25, BPCL reported a net profit of ₹13,275.26 crore, a significant reduction from the previous year, with total revenues reaching ₹5 lakh crore. The company’s gross refining margin stood at $6.82 per barrel, down from $14.14 in FY24. In the filing, BPCL disclosed a substantial loss of ₹3,217.82 crore from selling domestic LPG below cost during the March quarter, totaling ₹10,446.38 crore for the year.

BPCL’s Dividend Announcement

In a move to reward its shareholders, BPCL’s board of directors declared a final dividend of ₹5 per equity share, adding to the ₹5 interim dividend distributed earlier in FY25. This decision is subject to approval at the upcoming Annual General Meeting (AGM), with payment expected within 30 days of the AGM declaration. BPCL will announce the record date for this final dividend shortly.

• Total dividends declared since January 31, 2003: 39
• Equity dividend declared in the last 12 months: ₹15.50 per share
• Current dividend yield at ₹311.70: 4.97%

Market Outlook: Should You Buy, Sell, or Hold BPCL Stock?

Following BPCL’s quarterly results, market analysts express optimism regarding the company’s fundamentals and technical outlook. Experts highlight BPCL’s ability to expand margins even amid fluctuating crude prices, showcasing resilience in a challenging market landscape.

Seema Srivastava, a Senior Research Analyst at SMC Global Securities, notes, “BPCL’s bottom line has demonstrated strength despite volatility in crude oil prices. The company’s operational efficiency and margin growth are indicative of its capacity to handle market fluctuations effectively.”

Technical Analysis of BPCL Shares

Anshul Jain, Head of Research at Lakshmishree Investments, points out that BPCL recently broke out of a bullish cup and handle pattern, trading above the 310 mark. He suggests that as long as the stock maintains its position above the 310-305 range, there is potential for upward momentum towards ₹386, with minor resistance expected around ₹349.

In summary, BPCL’s recent financial results and dividend announcement have positioned the company as a focal point in the market. With strong operational metrics and a positive technical outlook, investors may want to consider their strategies regarding BPCL shares in the coming days.