5% Dividend Yield, Rs 2,045 crore free cash flow: Can this ‘turnaround’ PSU keep paying?
- Posted on August 1, 2026
- By Financial Express
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- 1 min read
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5% Dividend Yield, Rs 2,045 crore free cash flow: Can this ‘turnaround’ PSU keep paying?
A PSU has turned soaring profits into record dividends. But can strong cash generation outlast the cyclical nature of the refining business?