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Business

BPCL Q4 Results: Cons PAT jumps 28% YoY to Rs 5,625 crore; revenue rises 6%

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State-run Bharat Petroleum Corporation Limited (BPCL) reported a consolidated net profit of Rs 5,625 crore in the March-ended quarter versus Rs 4,392 crore in the year ago period, a 28% growth. The profit after tax (PAT) is attributable to the owners of the company.

The oil marketing company (OMC) posted a revenue uptick of 6.3% to Rs 1.35 lakh crore in Q4FY26 versus Rs 1.27 lakh crore posted in the corresponding quarter of the previous financial year.

The bottomline fell sequentially by 22% in the quarter under review from Rs 7,188 crore reported by BPCL in Q3FY26 amid a 1.2% quarter-on-quarter slip in topline versus Rs 1.37 lakh crore in the October-December quarter of FY26.

The net profit for full financial year surged 94% to Rs 25,843 crore from Rs 13,337 crore in FY25 while the revenue from operations in the same period stood at Rs 5.23 lakh crore compared to Rs 5 lakh crore, implying a 4.4% rise.

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The net profit margin in Q4FY26 stood at 4.17% versus 5.26% in Q3FY26 and 3.46% in Q4FY25 while the operating margin stood at 5.11% in Q4FY26 versus 6.77% in Q3FY26 and 4.09% in Q4FY25.


The company incurred expenses of Rs 1.28 lakh crore in Q4FY26, flat versus Rs 1.28 lakh crore in Q3FY26 and Rs 1.22 lakh crore in Q4FY25. The expenses were made under the heads like ‘cost of materials consumed’, purchase of stock in trade, excise duty and finance cost, among other things.
The net cash flow from operating activities stood at Rs 34,791 crore in the year ended March 31, 2026 versus Rs 18,182 crore as on March 31, 2025. The company reduced its debt-to-equity ratio to 0.43 as on March 31, 2026 versus 0.63 as on March 31, 2025.BPCL recognised an impairment loss of about Rs 4,349 crore on its investment in wholly owned subsidiary Bharat Petro Resources Limited (BPRL) during FY26 due to weakening prospects of certain oil and gas blocks held by the subsidiary. BPCL’s total investment in BPRL stood at Rs 15,426 crore, while the cumulative impairment on these investments has now risen to Rs 11,314 crore as of March 31, 2026. BPRL has exposure to domestic and overseas oil and gas assets through subsidiaries, joint ventures and associate entities.

(Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times.)

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Supermarkets urged to limit food prices by government

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Supermarkets urged to limit food prices by government

Any price caps would be voluntary apply to key groceries such as eggs, bread, and milk, the BBC understands.

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New regulations may accelerate shift to clean label

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New regulations may accelerate shift to clean label

Push is on to find alternatives to replace ingredients being phased out — or banned.

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Legacy mine derails NT Minerals buy

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Legacy mine derails NT Minerals buy

The suspended explorer scrapped its Murchison gold deal after shareholders demanded clarity on a potential mine liability.

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Aussie shares rebound after Trump postpones new attack

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Aussie shares rebound after Trump postpones new attack

The Australian share market has bounced back from a seven-week low after US President Donald Trump postponed new strikes on Iran.

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Business

How to Claim Your Cup Before 1 Million Run Out

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Dunkin' Donuts Free Coffee Today: How to Claim Your Cup

NEW YORK — Dunkin’ Donuts is treating customers to free coffee across the country on Tuesday, May 19, 2026, with the first 1 million guests eligible to receive a standard hot or iced coffee at no cost at participating locations.

The massive one-day promotion requires no purchase and is available while supplies last, making it one of the largest free coffee giveaways in the brand’s history. With more than 9,500 Dunkin’ stores nationwide, the event is expected to draw large crowds, particularly during the morning rush.

To claim the free coffee, customers simply need to visit any participating Dunkin’ location and request the promotional drink. No coupon, app check-in, or loyalty membership is required, though using the Dunkin’ app can help locate nearby stores with real-time availability and reduce wait times. The offer covers regular hot or iced brewed coffee in standard sizes. Specialty beverages, espresso drinks, or premium customizations are not included but can be purchased separately.

Dunkin’ officials say the promotion celebrates customer loyalty and aims to introduce new guests to the brand’s core coffee offerings. “Our fans make every day brighter, and today we’re saying thank you with a free cup,” a company spokesperson said. “It’s our biggest free coffee event ever, and we’re excited to share it with as many people as possible.”

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Stores are ramping up operations to handle expected demand. Many locations have added extra staff, pre-brewed additional batches, and prepared more cups and lids. Some franchises may implement temporary limits or adjusted hours to manage crowds and ensure the widest possible distribution of the free drinks.

Social media platforms are already alive with excitement. The hashtag #FreeDunkinCoffee started trending Monday evening and continues gaining momentum, with users sharing strategies for beating the rush, favorite orders, and plans to bring coffee back to workplaces and schools. Many are planning group visits or coordinating workplace runs to maximize the promotion’s impact.

For best results, coffee enthusiasts should arrive early — ideally before 9 a.m. in most markets — when fresh coffee is plentiful and lines are shorter. Urban and highway-adjacent stores are likely to see the fastest depletion, while suburban and rural locations may have supplies available longer into the afternoon and early evening.

Dunkin’ operates extensively across the United States, making the promotion widely accessible. Customers can use the official Dunkin’ app or website to find the nearest participating store and check current conditions. Drive-thru locations are expected to be especially busy as many prefer contactless service during high-traffic events.

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The promotion comes at an ideal time as warmer weather increases demand for iced coffee. By offering free coffee on May 19, Dunkin’ aims to kick off the summer season with strong brand engagement and increased foot traffic. The company has a proven track record with successful promotions, and this large-scale event is projected to generate significant earned media and social sharing.

Industry experts see the move as a strategic play in a competitive beverage market. While rivals like Starbucks focus on premium seasonal drinks, Dunkin’ leans into accessibility and everyday value, reinforcing its position as America’s go-to coffee stop for millions of customers.

Participants should note that the free offer is limited to standard brewed coffee. Decaf is included, and basic customizations such as cream or sugar are usually provided at no extra charge. Alternative milks or flavored syrups carry their normal upcharge. The promotion is valid only at participating U.S. locations and does not extend internationally.

Dunkin’ has prepared its supply chain and distribution network in advance to support the event. Additional coffee beans, cups, and related materials were distributed to stores over the past week. Corporate support teams are on standby to assist franchisees during peak hours.

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For those unable to visit early, some locations may offer mobile order pickup for the free coffee, though walk-in and drive-thru remain the most reliable methods. Corporate customer service is available to answer questions related to the promotion.

This isn’t Dunkin’s first major giveaway, but the scale of 1 million free coffees stands out. Previous successful events like National Donut Day and app-based rewards have consistently driven traffic and boosted sales of complementary items such as breakfast sandwiches and baked goods.

As the day unfolds, Dunkin’ encourages customers to enjoy their free coffee and share positive experiences online. The company will monitor social media for real-time feedback and may adjust operations at individual stores as needed.

For anyone who misses out today, Dunkin’ reminds customers that its regular menu offers excellent value and daily deals through the app. Loyalty members earn points toward future free items, making it easy to enjoy Dunkin’ even after today’s special event concludes.

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The promotion highlights Dunkin’s continued strength in the American coffee culture. While competitors chase premium experiences, Dunkin’ focuses on speed, quality, and accessibility — qualities that built its massive national presence.

With careful planning and an early start, millions of Americans can begin their day with a free Dunkin’ coffee. The promotion runs only on May 19 while supplies last, so timing matters. Head to your nearest Dunkin’ location, greet the team, and enjoy a free cup on the house.

The smiles and energy at Dunkin’ stores nationwide today will likely create lasting memories and strengthen customer connections for years to come. Whether you prefer a classic hot coffee or a refreshing iced version on a warm spring day, today offers a rare chance to enjoy it complimentary.

Dunkin’ fans are making the most of the opportunity, turning an ordinary Tuesday into a celebration of one of America’s favorite morning rituals. For 1 million lucky customers, the first sip will be especially satisfying — because it’s free.

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Wilde expanding protein-centric snack lineup

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Wilde expanding protein-centric snack lineup

Company launches chicken breast-based crackers. 

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Business

NYC’s Mamdani meets Jamie Dimon, David Solomon as he seeks to ease Wall Street concerns

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New York City Mayor Zohran Mamdani met Monday with JPMorgan Chase CEO Jamie Dimon at the bank’s new headquarters in Manhattan as the self-described democratic socialist intensifies outreach to Wall Street leaders following backlash over proposals to raise taxes on wealthy New Yorkers.

Mamdani visited JPMorgan’s new global headquarters at 270 Park Avenue for his first in-person meeting with Dimon, according to statements from City Hall and the bank.

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The meeting was “constructive and the tone was friendly,” a JPMorgan spokesperson told Reuters.

New York City Mayor Zohran Mamdani.

New York City Mayor Zohran Mamdani delivering remarks at a rally in NYC. (Selcuk Acar/Anadolu)

According to City Hall, the pair discussed reducing government waste, cutting red tape tied to development projects and expanding public-private partnerships. JPMorgan said the conversation also focused on New York City’s competitiveness.

MAYOR ZOHRAN MAMDANI SAYS FIRST OF NYC’S FIVE GOVERNMENT-RUN GROCERY STORES WILL OPEN IN THE BRONX NEXT YEAR

The outreach comes after Mamdani faced criticism from billionaire investors and business leaders over proposals aimed at increasing taxes on wealthy residents as part of a broader affordability agenda that includes rent freezes and efforts to reduce childcare and grocery costs.

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Citadel founder Ken Griffin was among the high-profile financiers who criticized the mayor’s proposals during the campaign.

Dimon has previously warned about the risks high taxes and overregulation pose to New York’s business climate. In past interviews, the JPMorgan CEO cautioned that companies and workers could continue migrating to lower-tax states if policymakers fail to maintain the city’s competitiveness.

Jamie Dimon leaves Capitol after meeting with Senate Republicans on economic policy.

Mamdani visited JPMorgan’s new global headquarters at 270 Park Avenue for his first in-person meeting with Dimon. (Graeme Sloan/Bloomberg via Getty Images)

The JPMorgan meeting appears to be part of a broader effort by Mamdani to build relationships with financial industry leaders despite tensions over tax and economic policy.

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Later Monday, Mamdani also met with Goldman Sachs CEO David Solomon at Gracie Mansion, where the two discussed affordable housing, small-business investment and policies aimed at retaining talent in New York City, according to City Hall.

Ticker Security Last Change Change %
JPM JPMORGAN CHASE & CO. 300.73 +2.92 +0.98%
GS THE GOLDMAN SACHS GROUP INC. 946.36 -2.11 -0.22%

In recent weeks, the mayor has also met with Bank of America CEO Brian Moynihan and Blackstone President Jonathan Gray.

JPMorgan remains one of New York City’s largest private employers and said last year it contributes roughly $42 billion annually to the city’s economy. The bank’s new headquarters tower at 270 Park Avenue is expected to house about 10,000 employees.

Inside of JPMorgan Chase's building at 270 Park Ave.

A lobby view of JPMorgan Chase’s new global headquarters at 270 Park Ave. in New York City. (JPMorgan Chase)

During the meeting, Dimon also gave Mamdani a copy of “Our Towns,” a book examining efforts to revitalize communities across America, according to The Wall Street Journal.

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FOX Business reached out to JPMorgan Chase and Mayor Mamdani’s office for additional comment.

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Piper Sandler cuts e.l.f. Beauty stock price target on guidance concerns

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Piper Sandler cuts e.l.f. Beauty stock price target on guidance concerns

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Form 144 TERADATA CORP /DE/ For: 19 May

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Form 144 TERADATA CORP /DE/ For: 19 May

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Swatch boss says crowds are 'good news' after watch launch sparks chaos

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Swatch boss says crowds are 'good news' after watch launch sparks chaos

Nick Hayek Jr says the pocket watch launch saw “overcrowding like hell” at a small number of its UK stores.

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