(PTI)
Public sector Numaligarh Refinery Limited (NRL) on Friday said it has recorded the highest-ever turnover of ₹15,923 crore, a growth of 14%, despite lower profits of ₹2,042 crore during 2017-18. At the 25th Annual General Meeting in Guwahati, chairman D Rajkumar said the company recorded the highest-ever revenue from operations at ₹15,923 crore during 2017-18, registering a growth of 14.17% over the previous year.
Rajkumar is also the managing director of Bharat Petroleum Corporation Limited (BPCL). The Gross Refining Margin (GRM) at $11.43 per barrel continued to be one of the best in the industry, Rajkumar said. Earnings per share (EPS) for the year stood at ₹27.79. The company has declared a dividend of ₹18.50 per share for 2017-18. The company’s profit after tax for the year was however, marginally lower at ₹2,042 crore as compared to the prenious year, Rajkumar said. NRL’s contribution to the Central and State exchequers in the form of taxes, duties and dividends during the year has been the highest-ever at ₹4,672 crore, he said.
