Dhaka, Nov. 7 -- Padma Oil has posted a record annual profit of Tk 5.63 billion for FY25, driven by higher sales and substantial non-operating income from bank deposits.

The state-run oil distributor also registered a 38 per cent year-on-year profit growth for the year, according to price-sensitive information published on Thursday.

The record profit prompted the company to declare its highest-ever cash dividend - 160 per cent - for FY25, up from 140 per cent paid for the year before.

As a result, investors will receive Tk 16 per share, and the company will spend Tk 1.57 billion in total to pay cash dividends from its annual profit of Tk 5.63 billion. That meansa major chunk of the annal income will be kept as retained earnings.

The p...