CRISIL Limited has announced an interim dividend of ₹15 per share for the third quarter of CY24, reflecting its strong financial performance and commitment to shareholder returns. This dividend marks a significant increase compared to the ₹11 per share declared during the same period last year.
Key Highlights:
- Interim Dividend: ₹15 per share, compared to ₹11 per share declared in Q3 CY23.
- Record Financial Performance: The dividend announcement follows the company’s solid financial results for Q3 CY24, showcasing its ability to generate value for shareholders.
- Dividend Growth: The 36% increase in the dividend reflects CRISIL’s strong operational performance, despite challenging market conditions globally.
Commentary from Management:
Amish Mehta, Managing Director and CEO of CRISIL Ltd., stated, “Our businesses have demonstrated resilience, and the increased dividend reflects our commitment to creating long-term value for our stakeholders.”
The Board of Directors approved the dividend at their meeting held on October 16, 2024, signaling their confidence in the company’s sustained profitability and market position.
