BPCL Q3 Results: Net profit rises 94% YoY, interim dividend declared
The company has declared an interim dividend of Rs 5 per equity share of face value Rs 10 each, or 50%, for the financial year 2024-25.
BPCL Q3 Results: Net profit rises 94%YoY, interim dividend declared
Oil and Gas firm Bharat Petroleum Corporation Ltd declares the financial results for the October-December period where net profit rose by 94% quarter-on-quarter to Rs 4,649 crore from Rs 2,397. As of December, revenue rose 10% quarter-on-quarter to Rs 1.13 lakh crore compared to Rs 1.03 lakh crore in September.
Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) rose 67% to Rs 7,581 crore from Rs 4,546 crore. EBITDA margin for the quarter also rose to 6.7% from 4.4% last quarter.
The company has declared an interim dividend of Rs 5 per equity share of face value Rs 10 each, or 50%, for the financial year 2024-25. Further, the Board has fixed Wednesday, January 29, 2025, as the record date to determine the shareholders' eligibility to receive the said dividend.
The BPCL stock ended 0.68% lower on Wednesday at Rs 278.30, ahead of its December quarter earnings.
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