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Kolkata, Aug. 4

As a direct fallout of the under-recovery and pressure on the cash flow resulting in increased borrowings, BPCL expects 40-50 per cent rise in its interest payout during this fiscal.

The company had registered 52 per cent rise in interest payout from Rs 139 crore in 2004-05 to Rs 212 crore in 2005-06. The interest payout in the first quarter of 2006-07 has doubled to Rs 81.80 crore, from Rs 40.4 crore during the corresponding period the previous year.

Barring the second quarter of 2005-06, the company has maintained an uptrend in its quarterly interest payouts beginning last year. The average monthly payout had increased from Rs 11.58 crore in 2004-05 to Rs 17.66 crore in 2005-06.

(This article was published in the Business Line print edition dated August 5, 2006)
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