{"id":417056,"date":"2021-05-27T09:41:10","date_gmt":"2021-05-27T04:11:10","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=417056"},"modified":"2021-05-27T11:04:05","modified_gmt":"2021-05-27T05:34:05","slug":"govt-to-rake-in-over-rs6665-76-crore-in-dividend-income-from-bpcl","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/govt-to-rake-in-over-rs6665-76-crore-in-dividend-income-from-bpcl\/","title":{"rendered":"Govt to rake in over Rs6665.76 crore in dividend income from BPCL"},"content":{"rendered":"<p>MUMBAI: The Union government which holds a 52.98% stake in state-run Bharat Petroleum Corporation Ltd (BPCL) will receive Rs6,665.76 crore in from the company which announced a dividend of Rs58 per equity share, including a one-time special dividend of \u20b935 per equity share of \u20b910 each, for the financial year ended March 31, 2021.<\/p>\n<p>The company&#8217;s total dividend payout is Rs12,581.66 crore, including a special dividend of Rs7,592.38 crore. <\/p>\n<p>The government is in the process of selling its entire stake in BPCL in a bid to privatise the company. <\/p>\n<p>BPCL reported an over four-fold jump in its January-March net profit to Rs11,940 crore against Rs2,777 crore in the previous quarter. In the year-ago period, the company had reported a net loss of Rs1,361 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: The Union government which holds a 52.98% stake in state-run Bharat Petroleum Corporation Ltd (BPCL) will receive Rs6,665.76 crore in from the company which announced a dividend of Rs58 per equity share, including a one-time special dividend of \u20b935 per equity share of \u20b910 each, for the financial year ended March 31, 2021. The company&#8217;s total dividend payout is Rs12,581.66 crore, including a special dividend of Rs7,592.38 crore. The government is in the process of selling its entire stake in BPCL in a bid to privatise the company. BPCL reported an over four-fold jump in its January-March net profit [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-417056","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/417056","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=417056"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/417056\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=417056"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=417056"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=417056"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}