Top 10 Public Sector (PSU) Companies in India 2018

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This is another Maharatna company which is headquartered in Mumbai.

Image: company website

The two most important refineries of this company are located in Mumbai and Kochi, and it once occupied 350+ place in the fortune global 500 list of the world’s biggest companies. This company had the support from the international player- shell.

Therefore, the initial years growth was not a problem. It was incorporated on November 3rd in the year 1952. The refinery in Mumbai was responsible for introducing the LPG cooking fuel to the homes of the people. The company saw a good turning point when it introduces the Beyond LPG offer to the Bharat gas customers. This service is accompanied with value added services and discounts which was launched only in two cities at a initial stage. Then later on it again capitalized on differentiation and value proposition by introducing speed petrol in Vishakhapatnam for the new age vehicles. It also partnered with companies like HUL and Honda which are not even in the same business as that of BPCL. Apart from these strategic ventures it also signed a partnership agreement with ONGC so that they could extract advantages in activities like exploration. Innovation for this company was always at the top priority and so the outcomes were sometimes in the form of vehicle care centers, speed97 etc. all in all the company has good growth potential.

Revenues (INR Cr): 204241

Profits (INR Cr.): 9506

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