Annual Report 2004-2005 of Bharat Petroleum Corporation Limited

It is a broadly described annual report of Bharat Petroleum Corporation Limited in the year of 2004-2005. During the financial year, BPC achieved a 19.48% growth in sales turnover from Rs.534.48 billion to Rs. 638.57 billion. Gross profit before interest, depreciation, and tax decreased by 36.63% to Rs. 20,921.90 million. The profit before tax decreased by 48.54 % from Rs. 26,355.15 million to Rs. 13,563.48 million. After providing for tax, (including deferred tax) of Rs. 3,905.52 million as against Rs. 9,409.47 million during the last year, the profit after tax showed a decrease of 43.01% from Rs. 16,945.68 million last year to Rs. 9,657.96 million. The earnings per share translate to Rs. 32.19 as compared to Rs. 56.49 during 2003-2004.

The Board of Directors of the Company has declared two interim dividends of Rs. 5/- and Rs. 7.50 per share for the year amounting to a total interim dividend of Rs. 12.50 per share for the year 2004-2005.

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