Corporate Actions
BPCL appoints Sanjay Khanna as C&MD

09-Apr-26   15:10 Hrs IST
Sanjay Khanna is a Chemical Engineering graduate from National Institute of Technology, Tiruchirapalli and Postgraduate in Finance Management from Mumbai University.

He has over three decades of experience in refinery operations and technical services. He anchored several prestigious projects for setting up new process units in Refineries at Mumbai, Kochi and Numaligarh. Prior to becoming Director (Refineries) he headed Kochi and Mumbai Refineries of BPCL.

He also serves as a director on the boards of Bharat PetroResources, Petronet LNG and Ratnagiri Refinery and Petrochemicals. Additionally, Khanna is also the current chairperson of 'Technical Committee for Petroleum Refineries' under the Ministry of Petroleum and Natural Gas (MoP&NG).

Meanwhile, the company announced that it has installed Vapour Recovery Systems (VRS) at all the 41 storage locations, as mandated by CPCB, by March 2025.

Earlier, the Central Pollution Control Board (CPCB) had directed BPCL to pay Environmental Compensation of Rs 1 crore for not installing Vapour Recovery Systems (VRS) at storage locations within the CPCB prescribed timelines i.e. by March 2024. The company had challenged the order before the National Green Tribunal (NGT). However, as per the tribunal's order received on 7 April 2026, BPCL has been directed to comply with CPCB's directions and pay the Rs 1 crore penalty.

Bharat Petroleum Corporation is a public sector company which is engaged in the business of refining of crude oil and marketing petroleum products.

The company reported a 62.29% jump in standalone net profit to Rs 7,545.27 crore in Q3 FY26 as against Rs 4,649.20 crore posted in Q3 FY25. Net sales (excluding excise duty) rose 5.18% YoY to Rs 1,18,999.37 crore in the December 2025 quarter.

The counter shed 0.25% to Rs 297.30 on the BSE.

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