For the full 2023-24 fiscal, HPCL reported a record net profit of Rs 16,014 crore as opposed to a loss of Rs 6,980 crore in the previous year. Indian Oil Corporation capped an excellent year with the historically best refinery throughput, sales volume and net profit.

BPCL’s profit after tax for FY 2023-24 came in at 26,673 crores, nearly 13 times higher than the previous fiscal year. Additionally, the company’s planned capital outlay of 1.7 lakh crores over 5 years under ‘Project Aspire’ underlines its commitment to creating long-term value for shareholders, the note points out.

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This is the 31st consecutive year that NTPC Ltd. has paid dividend, underscoring its dedication to providing consistent returns to its investors.

As a key player in the Indian energy sector, NTPC Ltd. continues to drive excellence, sustainable growth, and shareholder satisfaction through its strategic initiatives and robust financial performance.

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