Refining major BPCL posted 168% growth in its consolidated net profit at Rs 6,780 crore for the three months ended March. It was Rs 2,559 crore in the year-ago period.
Revenue from operations during the reporting quarter rose 8% to Rs 1.33 lakh crore as against Rs 1.23 lakh crore in the corresponding quarter of last year.
The Board has also recommended dividend of Rs 4 per equity share for the financial year ended March. The dividend would be paid within 30 days from the date of its approval at the AGM.
