Dhaka, June 27 -- Riding on the back of fuel price hikes under the government's automated pricing mechanism, the state-run Bangladesh Petroleum Corporation (BPC) posted a robust profit of Tk 2,050 crore in the fiscal year 2024-25, according to the Centre for Policy Dialogue (CPD).

The independent think tank revealed the figures during a dialogue titled "Power and Energy Sector in the National Budget for FY2025-26: Reflections on the Priorities for Energy Transition" held at the BRAC Centre in Dhaka on Thursday.

Despite the strong performance this year, CPD cautioned that BPC's profit is likely to fall sharply in the next fiscal year, projecting a reduced profit of Tk 615 crore for FY2025-26.

This anticipated downturn is attributed to r...