Mumbai: State-run Bharat Petroleum Corporation Limited (BPCL) has reported a net profit of Rs58.40 crore for the fourth quarter ended 31 March, as against a net profit of Rs670 crore in the year-ago period.
“The total income rose to Rs32,712.90 crore in the latest quarter, from Rs24,400.50 crore in the corresponding period last quarter,” BPCL said in a filing to the Bombay Stock Exchange.
The board has declared a dividend of 40%, at the rate of Rs4 on shares of face value of Rs10 for 2007-08.
On a consolidated basis, the group recorded a net profit of Rs1,769.60 crore, a 17.51% decline over the year-ago period. The company had a net profit of Rs2,145.20 crore in FY07.
The total income rose to Rs1,12,410.40 crore in FY08, from Rs99,107.80 crore in the previous fiscal.
BPCL reported a standalone net profit of Rs1,580.60 crore in FY08, down 12.46% over the year-ago period. The firm had a net profit of Rs1,805.50 crore in the year-ago period.
The total income rose to Rs1,11,786.20 crore in FY08, from Rs98,312.70 crore in the previous fiscal.