
DCM Shriram Limited has announced the declaration of its second interim dividend for the financial year 2024-25. The decision was approved by the company’s Board of Directors in a meeting held on January 18, 2025.
Key Details of the Dividend:
- Dividend Rate: 180% or ₹3.60 per equity share of ₹2 face value each.
- Record Date: January 24, 2025.
- Payment Date: The interim dividend will be paid or dispatched to all eligible shareholders on or before February 16, 2025.
This announcement reflects the company’s commitment to rewarding its shareholders while maintaining financial discipline. Shareholders are advised to check their eligibility based on the record date and ensure updated details with their respective depositories.
DCM Shriram Limited has reported robust financial performance for the quarter ended December 31, 2024, with notable growth in both revenue and profit despite challenging market conditions.
Key Financial Highlights (₹ in Crores):
- Revenue from Operations: ₹3,518.89 crore
- Up 12.1% YoY (₹3,137.54 crore in Q3 FY24)
- Up 12.4% QoQ (₹3,130.09 crore in Q2 FY25)
- Total Income: ₹3,559.98 crore
- Up 12.2% YoY (₹3,172.65 crore in Q3 FY24)
- Profit Before Tax (PBT): ₹385.52 crore
- Down 1.1% YoY (₹388.77 crore in Q3 FY24)
- Up 302% QoQ (₹95.77 crore in Q2 FY25)
- Net Profit (PAT): ₹262.14 crore
- Up 9% YoY (₹240.48 crore in Q3 FY24)
- Up significantly QoQ (₹62.92 crore in Q2 FY25)
Disclaimer: The above information is for informational purposes only and does not constitute financial advice. Please consult a professional advisor for investment decisions.