/ Gulf Oil Lubricants Declares Dividend ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Monday, 15 May 2017

Oil marketing and distribution major Gulf Oil Lubricants on today’s session has declared a final dividend of Rs 5 per equity share on the face value of Rs 2 per equity share for the financial year 2016-17 subject to the approval of shareholders in AGM.

The final dividend will be disbursed to the respective shareholders with 30 days from the date of approval of the shareholders in the ensuing AGM.

The company also posted its financials for Q4 & year ended March 31, 2017

Full Year's PAT up by 20.7% at Rs. 121.08 crores

Full Year's Net Revenues up by 11.8% at Rs.1131.06 crores.

Q4 Net Revenues up by 10.2% at Rs. 299.61 crores.

Q4 PAT up by 6.8% at Rs. 32.10 crores.

The shares of the company are trading in a positive territory in BSE. The total traded quantity stands at 603 shares with a market cap of 3886.33 crores.

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