Dibrugarh, Nov 29: In a bright spot for India’s stressed petrochemicals sector, the Brahmaputra Cracker and Polymer Limited (BCPL) has reported a sharp improvement in operational and financial performance for FY 2024–25, achieving a record 113% capacity utilisation and posting a marginal net profit on revenues of Rs 3,579.20 crore, despite declining polymer prices and margin pressures.

The public sector petrochemicals major said it continued to operate at over 100% capacity through October 2025 in the ongoing fiscal year. Its AA+ external credit rating was reaffirmed by both CRISIL and Acuite, reflecting analysts’ description of “strong operational stability” amid volatile market conditions. As of March 31, 2025, BCPL’s net worth stood at Rs 3,017 crore.

India’s petrochemical industry has been grappling with falling polymer realisations and high feedstock prices. BCPL said it has countered the squeeze through efficiency-driven operations, resilience measures and optimised plant performance. The company currently employs 601 staff and around 2,500 contractual workers, with an estimated 47,000 direct and indirect jobs created to date, according to preliminary findings from an ongoing socio-economic impact study.

The company also inducted its 8th batch of 69 apprentices during the year as part of its skill pipeline development.

On the CSR front, BCPL said it has allocated Rs 76.35 crore since FY 2020–21, with 80% already utilised across healthcare, education, rural infrastructure, drinking water, sanitation, sports facilities and livelihood programmes. Major interventions include upgrading medical colleges in Dibrugarh, Jorhat and Lakhimpur, installing drinking water systems in Dibrugarh schools, strengthening sports infrastructure in Dibrugarh and Sivasagar, and providing mobile medical services to remote villages. The PSU has also supported SHGs and youth livelihood projects and built a multi-storey market complex at Barbaruah.

To strengthen industry–academia linkages, BCPL signed multiple MoUs with leading academic and technical institutions to promote research, innovation and hands-on training for students in the Northeast.

The company said it remains committed to environmental sustainability and is developing a Net Zero roadmap, supported by an enhanced HSE framework aligned with ISO 31000 and integrated into its ESG systems.

Infrastructure expansion projects — Butene-1 and HPG-2, with a combined investment of Rs 2,817.92 crore — are progressing and expected to be operational next year. BCPL is also pursuing diversified feedstock sourcing strategies to secure long-term operational resilience.

Managing Director of BCPL Pranjal Changmai expressed gratitude to the Government of India, Government of Assam, and promoter organisations Oil India Limited, Numaligarh Refinery Limited, and GAIL (India) Limited, as well as the district administration and stakeholders for their continued support.

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