State-run oil refiner Bharat Petroleum Corporation Ltd (BPCL) on Tuesday, announced a second interim dividend of Rs 5-a-share for the financial year 2020-21.
About Company
BPCL operates in refinery and marketing activities, which includes downstream petroleum sector.
The Government of India holds 52.98% stake in BPCL as of 31 December 2020.
Record Date
The record date for the purpose of payment of interim dividend is Saturday, 27 March 2021 and the dividend will be paid on or before 12 April 2021.
Company’s Financial
The public sector oil marketing company’s net profit surged 120.3% to Rs 2,777.62 crore on 10.7% decline in net sales to Rs 66,731.39 crore in Q3 FY21 over Q3 FY20.
Regulatory Filing
“The Board of Directors has declared 2nd Interim Dividend of Rs.5/- per equity share of face value Rs.10/- each for the Financial Year 2020-21.”
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