“Pursuant to Regulations 30 and 43 of the Listing Regulations, we wish to inform you that the Board of Directors of the Company in its meeting held today have declared Interim Dividend of Rs. 2.75 per equity share having face value of Re. 1/- each (i.e., 275%) for the financial year 2024-25. Pursuant to Regulation 42 of the Listing Regulations, the Company has vide its letter dated October 16, 2024 already informed to Stock Exchanges regarding the Record Date of November 08, 2024,” said the company in an exchange filing.
Additionally, the company also informed that the said dividend will be paid to the shareholders on November 22.
In the past 12 months, Dabur India has declared equity dividends amounting to Rs 5.50 per share and at the share price of Rs 548.20, the company’s dividend yield is 1%, according to the data available on Trendlyne.
Dabur India on Wednesday reported a 17% decline in its consolidated net profit, totaling Rs 425 crore for the quarter ended September 2024, down from Rs 515 crore in the same quarter last year.
Also read: DMart shares slide 23% in a month. Will bearish sentiment continue to weigh in?Revenue from operations fell 5% year-on-year to Rs 3,029 crore in the July-September 2024 period, compared with Rs 3,204 crore in the corresponding period of the previous year.The shares of Dabur closed 2% higher at Rs 546 on the BSE.
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