The company's total dividend payout is Rs12,581.66 crore, including a special dividend of Rs7,592.38 crore. The government is in the process of selling its entire stake in BPCL in a bid to privatise the company. BPCL reported an over four-fold jump in its January-March net profit to Rs11,940 crore against Rs2,777 crore in the previous quarter. In the year-ago period, the company had reported a net loss of Rs1,361 crore. Total income was at Rs1 trillion as against Rs88,095 crore in the previous quarter.

Source: Mint May 27, 2021 03:51 UTC