Categories: Business

Dabur India proclaims interim dividend of Rs 2.50 per share; key particulars

[ad_1]

Dabur India, a daily dividend payer, on Wednesday introduced an interim dividend of Rs 2.5 per share, aggregating Rs 442.94 crore. The report date for a similar has been fastened at November 4. The dividend will likely be paid on November 17.

Dabur India had introduced a remaining dividend of Rs 2.70 per share for FY22 in July, along with an interim dividend of Rs 2.50 per share. Within the previous monetary yr, the FMCG agency introduced a complete dividend of Rs 4.75 per share.

“Pursuant to Rules 30 and 43 of the Itemizing Rules, we want to inform you that the board of administrators of the corporate in its assembly held right now have declared interim dividend of Rs 2.5 per fairness share having face worth of Re. 1/- every (i.e. 250 per cent) for the monetary yr 2022-23,” Dabur India mentioned in a BSE submitting on Wednesday.

Earlier right now, the FMCG main reported a 2.8 per cent year-on-year (YoY) fall in web revenue at Rs 490.10 crore for the September quarter towards Rs 504.40 crore within the corresponding quarter final yr.

Income from operations for the quarter rose 6 per cent YoY to Rs 2,986.50 crore from Rs 2,817.60 crore within the corresponding quarter final yr, Dabur India mentioned.

Ebitda margin for the quarter fell to 24.2 per cent from 26 per cent within the year-ago quarter.

In the meantime,  Dabur India additionally introduced the acquisition of a 51 per cent stake in Badshah Masala for Rs 587.52 crore at an enterprise worth of Rs 1,152 crore.

[ad_2]
Source link
admin

Recent Posts

Top rated Suster123 Gacor Games to experience

Before we jump to the games, let's talk somewhat about Suster123. It's a well-liked online…

1 day ago

Affordable Fashion: Best Online Shops for Women

Hey there, fashion lovers! If you're anything like me, you love finding stylish clothes without…

2 days ago

Steps to Recover Funds from Fraudulent Trading

Before jumping into recovery mode, it's essential to confirm that the platform you dealt with…

2 days ago

Basketball: A Game of Skill along with Speed

What is Basketball? Baseball is a fast-paced team game played by two teams of five…

4 days ago

Comprehending CDT Weed: Benefits and also Risks

Hey there! You've probably heard the buzz about CDT weed lately and are curious about…

4 days ago

Applications of Vacuum Pumps in Industry

In the vast world of industry, machine pumps play a crucial function in a variety…

4 days ago