New Delhi, May 19 -- Bharat Petroleum Corporation reported its March quarter results, with net profit falling marginally by 1% year-on-year to Rs.3,191 crore from Rs.3,214 crore posted in the same period last year.

However, profit plunged 57.7% on a sequential basis, impacted by a sharp rise in exceptional items, which stood at Rs.4,349 crore.

Revenue from operations during the reporting quarter rose to Rs.1,34,896 crore from Rs.1,26,864 crore a year ago, but moderated 1.2% quarter-on-quarter.

Its refinery throughput stood at 10.40 MMT, while domestic sales came in at 13.86 MMT, registering a 3.28% year-on-year growth.

The corporation had a net cumulative negative buffer of Rs.12,318.52 crore as of March 31, 2026.

The government appr...