BPCL Share Price in Focus; Incorporates Global Energy Trading Subsidiary in Singapore

Bharat Petroleum Corporation Limited (BPCL) has incorporated a wholly owned subsidiary in Singapore named Bharat Petroleum Global Energy Services (Singapore) Pte. Ltd. The entity was registered on 26 February 2026, as disclosed in a regulatory filing.  

Ownership Structure and Capital  

The subsidiary will operate in the energy segment, focusing on trading activities linked to global fuel markets. 

BPCL will hold full ownership in the company through an issued share capital of $2 million. This consists of 2 million equity shares issued at $1 each.  No related party involvement was indicated in the filing. 

Scope of Operations 

According to the annexure accompanying the filing, the Singapore entity has been set up to undertake trading in: 

• Crude oil
• Natural gas
• Petroleum products
• Petrochemicals 

It will also handle associated trading-linked activities.  The company stated that no regulatory approvals were required for the incorporation. 

BPCL Quarterly Financials 

For the third quarter of FY26, BPCL reported a net profit of ₹6,442 crore. This marked a 17.1% increase compared to the previous quarter. 

Revenue during the quarter stood at ₹1.19 lakh crore, up from ₹1.04 lakh crore in the preceding quarter. Reports suggest that both profit and revenue came in above market estimates. 

Tax Development 

Earlier in the week, BPCL received an order from the Commissioner of Central Tax and Central Excise, Kochi. The order confirmed an excise demand amounting to ₹1,816.65 crore. 

Read More: BPCL Share Price in Focus; Receives ₹1,816.65 Crore Tax Demand from Central Excise Department! 

Bharat Petroleum (BPCL) Share Price Movement 

As of February 27, 2026, 10:26 am, Bharat Petroleum Corporation (BPCL) share price was trading at ₹387.25, a 0.32% increase from the previous closing price. 

Conclusion 

The Singapore subsidiary has been established with defined trading objectives and full ownership by BPCL. It will focus on energy-linked trading activities across international markets. 

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