BCPL declares 15 per cent dividend for 2021-22 fiscal

Updated: Sep 23 2022 8:10PM

Guwahati, Sep 23 (PTI) Brahmaputra Cracker and Polymer Limited (BCPL) on Friday declared a dividend of 15 per cent on paid up equity share capital with the total dividend payable at Rs 212.65 crore, a company release said.

Addressing the 15th Annual General Meeting of the company virtually from New Delhi, BCPL Chairman M V Iyer said that with a gross sales turnover of Rs 3,715.06 crores, the PSU has earned a net profit of Rs 690.53 crores for the financial year 2021-22.

The company successfully and safely operated the plant on a sustained basis at 100.46 per cent capacity utilization, producing 2.72 Lakh MT of polymers and 55,923 MT liquid hydrocarbons, he said. The products were marketed to downstream industries achieving polymer sales of 2.75 Lakh MT.