BPCL Board Recommends Final Dividend Of Rs 5 Per Share
Once approved by shareholders, BPCL will pay shareholders Rs 2,169 crore in dividends.
Bharat Petroleum Corp.'s board on Tuesday approved a final dividend of Rs 5 per share for financial year 2025. The proposal is subject to approval of shareholders during the annual general meeting, according to an exchange filing.
"The final dividend would be paid within 30 days from the date of its declaration at the AGM. The record date for the final dividend will be intimated separately," the filing said.
Once approved, the company will pay shareholders Rs 2,169 crore in dividends.
The company has 11.75 lakh retail investors holding nominal share capital up to Rs 2 lakh, owning 6% equity. They will get a dividend worth Rs 130.5 crore.
Besides, the government holds 52.98% stake in BPCL and hence will receive Rs 1,149 crore in dividends.
In January, the company paid an interim dividend of Rs 5 per share. For FY24, the company paid a Rs 10.5 per share final dividend.
BPCL has posted a 31% sequential decline in its standalone net profit for the quarter ended March 31, 2025. The state-owned OMC posted a bottom-line of Rs 3,214 crore, as compared to Rs 4,649 crore in the preceding quarter. Despite the decline, it has surpassed the consensus estimate of Rs 2,525.4 crore of analysts tracked by Bloomberg.
The revenue from operations went up marginally, by 1.7% to Rs 1.11 lakh crore as against Rs 1.13 lakh crore in the December 2024 quarter. This is in line with the topline estimate of Rs 1.08 lakh crore.
The company's earnings before interest, taxes, depreciation and amortisation rose 2.4% to Rs 7,765 crore from Rs 7,580 crore in the previous quarter. The margin expanded to 7% from 6.7%.
Before the quarterly results were declared, shares of BPCL closed 0.52% higher at Rs 311.6 apiece on the BSE, compared to a 0.09% rise in the benchmark Sensex.
