Bharat Petroleum Reports its Highest ever Annual Profit of Rs. 26,674 Crores, Board recommends Issue of Bonus Shares & Final Dividend
09 May 2024 | BPCL
The Board has recommended issue of bonus shares in the ratio of one equity share of Rs. 10 each for every one existing equity share of Rs. 10 each
Board has recommended final dividend of ¬Rs. 21 per equity share (pre-bonus) for the year 2023-24, which translates into final dividend of Rs. 10.5 per share (post-bonus).
BPCL has recorded its highest ever annual net profit of Rs. 26,673.50 Crores as compared to the profit of Rs. 1,870.10 Crores in FY 22-23.
The net profit for the fourth quarter of FY 23-24 stood at Rs. 4,224.18 Crores as compared to the profit of Rs. 6,477.74 Crores in the corresponding quarter of FY 22-23.
Consolidated net profit for the FY 23-24 stood at Rs. 26,858.84 Crores as compared to the net profit of Rs. 2,131.05 Crores in FY 22-23.
Consolidated net profit for the fourth quarter of FY 23-24 was Rs. 4,789.57 Crores as compared to the net profit of Rs. 6,870.47 Crores in the corresponding quarter of FY 22-23.
The Revenue from Operations for the year ended March 31, 2024 was Rs. 5,06,911.36 Crores Vs Rs. 5,33,467.55 Crores in the Previous year. BPCL standalone has reported Revenue from Operations of Rs. 1,32,084.86 Crores for the quarter Jan-Mar 2024 vs. Rs. 1,33,413.81 Crores in the corresponding comparative quarter.
To know more: Press Release - BPCL Q4 FY24 Results - English