SUMMARY
Dividend Stocks: The round of quarterly results continues. The company has announced the results for the October-December quarter. The company has given dividend after one year.
This is government company HPCL. The company has given a dividend of Rs 15 per share. Earlier, a dividend of Rs 14 per share was given in August 2022 and Rs 22.75 per share in 2021.
The stock fell more than 7 percent after the quarterly results. Whereas, it has increased by 13 percent in one month, 70 percent in three months and 60 percent in one year.
On quarter-to-quarter basis, i.e. compared to the July-September quarter of the financial year 2023-24, the profit in the October-December quarter of the financial year 2023-24 has fallen from Rs 5118 crore to Rs 529 crore.
The company's income has also increased. It has increased from Rs 95,207 crore to Rs 1.11 lakh crore. EBITDA i.e. working profit has fallen from Rs 8217 crore to Rs 2164 crore. EBITDA margin has fallen from 8.59% to 1.94%.
Disclaimer: The advice or views given on CNBC TV18 Hindi are the personal views of the expert/brokerage firm. The website or management is not responsible for this. Before investing, you must take advice from your financial advisor i.e. certified expert.
