CPCL pays 120 per cent dividend for 2010-11
New Delhi   20-Sep-2011

Chennai Petroleum Corporation Ltd. (CPCL) has declared a dividend of 120 per cent for the year 2010-11. This was announced by R. S. Butola, Chairman, Indian Oil Group Companies, at the Company's 45th annual general meeting in Chennai held recently. K. Balachandran, Managing Director, and Directors on the Board of CPCL were present.

The turnover for the year 2010-11 was Rs. 38,124 crore as against Rs. 29,184 crore in 2009-10. The profit after tax for 2010-11 was Rs. 511.52 as against Rs. 603.22 crore, the previous year.