BPCL Dividend 2024, Bonus Issue: Q4 results bring cheer for PSU shareholders – Check record date
bpcl dividend 2024, bonus issue: q4 results bring cheer for psu shareholders – check record date
BPCL Dividend 2024, Bonus Issue: January-March 2024 quarterly results declaration by oil PSU Bharat Petroleum Corporation Limited (BPCL) brought twin cheer for its shareholders. Along with the financial results, the company has announced a final dividend plus a bonus issue for the shareholders.
A Maharatna PSU, BPCL aims to efficiently meet the energy needs of the country with a combined refining capacity of over 40 MMT through refineries in Mumbai, Kochi, Numaligarh and Bina, which are strategically located.
BPCL Q4 Quarterly Results 2024
For the fourth quarter of the financial yar 2024, BPCL reported a decline in its net profit to Rs 4,789.57 crore, versus Rs 6,870.47 crore in the same quarter last year. The state-owned firm’s revenue from operations came in at Rs 1,32,086.86 crore as against Rs 1,33,419.56 reported in the fourth quarter of FY23.
The company’s board has also declared a dividend payout along with a bonus share issuance for its shareholders.
BPCL Dividend 2024
After an interim dividend, BPCL board has recommended am final dividend of Rs 21 per equity share of face value of Rs 10 each (pre-bonus), which translates into final dividend of Rs 10.5 per equity share of face value of Rs 10 per equity share (post-bonus).
BPCL Dividend 2024 Record Date
The Record Date for the final dividend will be intimated separately, BPCL said in an exchange filing. The said dividend would be paid within 30 days from the date of its declaration at the AGM.