Bharat Petroleum Corporation Limited (BPCL) announced its financial results for the quarter and nine months ended December 31, 2024.
Post the announcement, on January 23, 2025, BPCL share price opened at ₹283.00, up from its previous close of ₹277.60. At 9:59 AM, the share price of BPCL was trading at ₹275.30, down by 0.83% on the NSE.
For the quarter ended December 31, 2024, the total income of the company stood at ₹1,28.158.36 crore, compared to ₹1,18,646.20 crore in the previous quarter (Q2 FY25) and ₹1,30,475.59 crore in the same quarter last year (Q3 FY24). The company’s profit for the quarter was ₹3,805.94 crore, reflecting a notable increase from ₹2,297.23 crore in the previous quarter. However, it marked a decline when compared to the profit of ₹3,181.42 crore in Q3 FY24.
For the nine months ended December 31, 2024, total income reached ₹3,75,481.44 crore, slightly lower than ₹3,76,633.79 crore recorded during the same period in the previous year. The profit for the nine-month period stood at ₹8,944.72 crore, significantly lower than the ₹22,069.27 crore achieved in the same period of the previous year.
The company also declared an interim dividend of ₹5 per equity share of face value ₹10 each (50%) for FY 2024-25. The record date to determine shareholders’ eligibility for the dividend has been set as January 29, 2025. The dividend will be disbursed exclusively through electronic means on or before February 20, 2025.
Bharat Petroleum Corporation is a public sector company that is involved in refining crude oil and marketing petroleum products.
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Published on: Jan 23, 2025, 10:03 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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