State-run Bharat Petroleum Corporation Ltd (BPCL) on Wednesday posted an over four times jump in its January-March net profit at ₹11,940 crore against Rs. 2777 crore in the previous quarter. In the same quarter, a year-ago period, the company reported a net loss of 1361 crore.
The Board of Directors has recommended a final dividend of ₹58 per equity share (including a one-time special dividend of ₹35 per equity share of ₹IO each) for the financial year ended 3 1st March 2021 subject to the approval of the shareholders at the ensuing Annual General Meeting(AGM). The final dividend would be paid within 30 days from the date of its declaration at the AGM.