<p>New Delhi: The stock of Bharat Petroleum Corporation Ltd (BPCL) on Friday climbed 5 per cent after the company for the full 2023-24 fiscal reported a record net profit of Rs 26,858.84 crore, and announced one bonus share for each share held.</p>.<p>Shares of the company went up by 4.98 per cent to Rs 621.80 on the BSE.</p>.<p>On the NSE, it climbed 5 per cent to Rs 621.95.</p>.<p>BPCL on Thursday reported a 30 per cent fall in its March quarter net profit on lower refining margins and announced one bonus share for each share held.</p>.Markets continue to climb; Sensex gains 471 points in early trade.<p>Its consolidated net profit of Rs 4,789.57 crore in January-March - the fourth quarter of the 2023-24 fiscal - was compared to Rs 6,870.47 crore in the same period of the preceding financial year, according to a company's stock exchange filing.</p>.<p>BPCL board also approved a 1:1 bonus issue - one additional share for each share held.</p>.<p>EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) dropped 19.4 per cent in the fourth quarter mainly because of the twin impact of falling refining margins and a pre-election petrol and diesel price cut despite a rise in input (crude oil) prices.</p>.Household savings decline due to rising home, auto, personal loans.<p>Turnover was almost flat at Rs 1.32 lakh crore when compared to Rs 1.34 lakh crore in January-March 2023.</p>.<p>For the full 2023-24 fiscal, BPCL reported a record net profit of Rs 26,858.84 crore as opposed to a profit of Rs 2,131.05 crore in the previous year. </p>
<p>New Delhi: The stock of Bharat Petroleum Corporation Ltd (BPCL) on Friday climbed 5 per cent after the company for the full 2023-24 fiscal reported a record net profit of Rs 26,858.84 crore, and announced one bonus share for each share held.</p>.<p>Shares of the company went up by 4.98 per cent to Rs 621.80 on the BSE.</p>.<p>On the NSE, it climbed 5 per cent to Rs 621.95.</p>.<p>BPCL on Thursday reported a 30 per cent fall in its March quarter net profit on lower refining margins and announced one bonus share for each share held.</p>.Markets continue to climb; Sensex gains 471 points in early trade.<p>Its consolidated net profit of Rs 4,789.57 crore in January-March - the fourth quarter of the 2023-24 fiscal - was compared to Rs 6,870.47 crore in the same period of the preceding financial year, according to a company's stock exchange filing.</p>.<p>BPCL board also approved a 1:1 bonus issue - one additional share for each share held.</p>.<p>EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) dropped 19.4 per cent in the fourth quarter mainly because of the twin impact of falling refining margins and a pre-election petrol and diesel price cut despite a rise in input (crude oil) prices.</p>.Household savings decline due to rising home, auto, personal loans.<p>Turnover was almost flat at Rs 1.32 lakh crore when compared to Rs 1.34 lakh crore in January-March 2023.</p>.<p>For the full 2023-24 fiscal, BPCL reported a record net profit of Rs 26,858.84 crore as opposed to a profit of Rs 2,131.05 crore in the previous year. </p>