Board declared 4th Interim Dividend 2024-25 of Rs. 200/- per share.
Awaiting price reaction for this filing.
Page Industries' Board has declared a 4th interim dividend of Rs. 200 per equity share for FY2024-25, taking total interim dividends for the year to Rs. 900 per share (Rs. 300 in Aug 2024, Rs. 250 in Nov 2024, Rs. 150 in Feb 2025, Rs. 200 now). The record date is fixed as 21 May 2025, with payment to be made on or before 13 June 2025. Alongside, the company reported FY25 audited results with revenue from operations of Rs. 4,93,491 lakhs, up about 8% from Rs. 4,56,923 lakhs in FY24. Profit after tax jumped roughly 28% YoY to Rs. 72,914 lakhs (from Rs. 56,919 lakhs), translating to an EPS of Rs. 653.71 versus Rs. 510.31. Statutory auditors S.R. Batliboi & Associates LLP issued an unmodified opinion on the financial results.
Consistent and growing dividend payouts backed by strong earnings growth are positive for shareholders. Investors who buy the stock before the 21 May 2025 record date will be entitled to the Rs. 200 per share dividend, with payment by 13 June 2025.