BPCL Q4 net profit at ₹11,940 cr, co announces final dividend of ₹58/sh

Bharat Petroleum Corporation Ltd on Wednesday reported a net profit of ₹11,940 crore for the quarter ended March, 2021. The company had posted a net loss of ₹1,361 crore in the year-ago quarter.

BPCL’s revenue from operations rose 21.5% on a year-on-year basis to ₹98,755.6 crore for the March quarter as against R 81,296 crore.

Ahead of the privatisation, the company’s board approved a final dividend of ₹58 per share, which includes a one-time special dividend of ₹35 per equity share, it said in a regulatory filing. The special dividend pertains to the proceeds collected from the shares sold by the company belonging to BPCL Trust.