Annual Report 2000-2001 of Bharat Petroleum Corporation Limited

It is a broadly described annual report of Bharat Petroleum Corporation Limited in the year of 2000-2001. BPC contributed Rs. 101,245.09 million to the exchequer by way of taxes and duties Vis-A-Vis Rs. 88,446.16 million during 1999-2000. The gross sales turnover went up by 31% to Rs. 468.53 billion during the year under report as compared to Rs. 357.43 billion for the previous year. The Company posted a profit before tax for the year Rs. 11,131.22 million. The Profit after tax for the year 2000-01 increased to Rs. 8,201.22 million from Rs. 7,038.55 million in 1999-2000 registering a growth of 16.5%. The earnings per share translate to Rs. 27.34 on a post-bonus capital as compared to Rs. 46.92 on pre-bonus capital (equivalent to Rs. 23.46 on the post-bonus capital) during 1999-2000.

The Board of Directors of the Company has recommended a final dividend of Rs. 3.50 per share on the post-bonus equity capital of Rs. 3,000 million for the financial year 2000-2001. The total dividend for the year will absorb Rs. 2,250 million out of the profit after tax.

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