BPCL Dividend News 2023: State-owned Bharat Petroleum Corporation Announces To Fix Record Date For Interim Dividend

bpcl dividend news 2023: state-owned bharat petroleum corporation announces to fix record date for interim dividend

BPCL Dividend News 2023, BPCL Dividend Record Date, BPCL Share Price NSE, BSE: Bharat Petroleum Corporation Ltd (BPCL) is likely to announce interim dividend for the financial year 20223-24 for its shareholders, the company has informed the exchanges. The company has fixed the date for the announcement of the dividend amount. The company will also fix the record date on the date of the board meeting.

BPCL Dividend News 2023

The government-owned firm’s board meeting will be held on Wednesday, 29th November 2023 where it is likely to approve the interim dividend to its shareholders for the current fiscal. The board will also fix the record date on the same day.

The company in a regulatory filing, said “This is to inform you that a meeting of the Board of Directors would be held on Wednesday, 29th November 2023, to consider the proposal of declaration of interim dividend for the Financial Year 2023-24 and fixation of Record date.”

BPCL Share Price

Bharat Petroleum Corporation Ltd (NSE: BPCL) share price has zoomed over 17 per cent in the last 30 days, as per NSE data. At the time of filing this report, the counter quoted at Rs 401.55 a share on the NSE.

BPCL Q2 Results

The PSU firm reported returning to profitability in the September quarter after a boost in marketing margin improved earnings.

Consolidated net profit in July-September was at Rs 8,243.55 crore compared to a loss of Rs 338.49 crore in the same period a year back, the company said in a statement.

Pre-tax earnings from the downstream oil refining and marketing business came at Rs 11,283.29 crore in the second quarter of the current fiscal as compared to a loss of Rs 123.17 crore in the same period last year.