BPCL board recommends dividend despite missing street estimates
BPCL dividend 2022: State-owned company's board of directors has recommended a final dividend of ₹6 per equity share for FY2021-22
BPCL dividend 2022: The board of directors of Bharat Petroleum Corp Ltd (BPCL) has recommended final dividend of ₹6 per equity share for the financial year 2021-22. This ₹6 BPCL dividend is subject to approval of shareholders at ensuing Annual General Meeting (AGM). The Government-owned oil marketing company has announced final dividend despite missing the Dalal Street estimates in its Q4 results. The state-owned oil maker company has posted a standalone net profit of ₹2,130.53 crore in the quarter ending March 31, 2022 (Q4FY22), which is huge 82 per cent lower from its net profit of ₹11,940.13 crore reported in Q4FY21.
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