MoneyWorks4Me

BPCL hikes dealers’ commission up to 50%

04 Aug 2017 Evaluate

Bharat Petroleum Corporation (BPCL) has hiked the commission offered to dealers up to 50%. The commission paid to dealers for various products had been revised upwards from a minimum of 20 per cent to a maximum of 50 per cent based on their category from August 1. The revision would have a marginal impact on the financials of the company.

Bharat Petroleum Corporation (BPCL) is into exploration, production and retailing of petroleum and petrol related products. The retail business unit of BPCL is into marketing of petrol, diesel and kerosene.

Peers
Company Name CMP
Reliance Industries 1193.05
Indian Oil Corpn. 129.45
Bharat PetroleumCorp 287.00
HPCL 340.30
MRPL 177.15
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