India’s major oil refiner, Bharat Petroleum Corporation Limited (BPCL) has set Jan 29, 2025, as the record date for its interim dividend for FY25. On January 22, 2025, BPCL declared an interim dividend of ₹5. The company further stated that the interim dividend be paid on February 20, 2025, to the equity shareholders of the Company, whose names appear on the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as of January 29, 2025.
As BPCL has set Jan 29 as the record date for its interim dividend, meaning that Jan 28, marks the last to buy BPCL shares to become eligible for the interim dividend. Further, any shares bought on Jan 29 (record date), won’t be eligible for the interim dividend.
BPCL’s consolidated net profit for Q3 of FY25 surged by 19.6%, totalling ₹3,805.94 crore, up from ₹3,181.42 crore in the same quarter last year.
The company also posted a 66% quarter-on-quarter increase in net profit, rising from ₹2,297 crore in Q2. Consolidated revenue for the December 2024 quarter stood at ₹1,27,551 crore, marking a 1.87% year-on-year decrease from ₹1,29,985 crore. However, revenue grew 8% compared to the previous quarter, which had recorded ₹1,17,949 crore.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jan 28, 2025, 9:17 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates