SAIL Q4 Results: Maharatna PSU's net profit rises 11% YoY to ₹1,251 crore, final dividend of ₹1.6/share declared
The State-owned company's revenue from core operations rose 4.8 per cent to ₹ 29,316 crore in the fourth quarter of the 2024-25 fiscal year, compared year-on-year (YoY) with ₹ 27,958 crore in the same quarter of the previous financial year.
The company's revenues from the IISCO Steel Plant, Alloy Steels Plant, and other sections were the only profitable sources for the fourth quarter, compared on a year-on-year basis with the same period a year ago.
Steel Authority of India's board of directors on Wednesday announced a final dividend issue of ₹ 1.6 per share for the financial year ending 2024-25 of the face value of ₹ 10 apiece.
This means that every eligible shareholder will receive a final dividend of ₹ 1.6 per share for every share they own in the PSU steel manufacturer.
'The Board of Directors have recommended the Final Dividend @ ₹ 1.60 per equity share of ₹ 10 each for the Financial Year 2024-25 (16% of the paid-up equity share capital of the Company),' said SAIL in its exchange filing.
According to the exchange filing, the final dividend will be paid within 30 days from the date of approval at the upcoming shareholders' meeting.
Steel Authority of India (SAIL) shares closed 0.19 per cent higher at ₹ 128.80 after Wednesday's stock market session, compared to ₹ 128.55 at the previous market close. The company announced its Q4 results and final dividend issue after the market operating hours on Wednesday.
The Maharatna PSU stock has given market investors more than 325 per cent returns on their investment in the last five years. However, the shares lost 21 per cent in the last one-year period.
On a year-to-date (YTD) basis, the shares gained 13.53 per cent in 2025, and 1.97 per cent in the last five trading sessions.
According to BSE data, the state-owned company's shares hit their 52-week high of ₹ 169.30 on 28 May 2024, while the 52-week low was ₹ 99.20 on 12 February 2025. Steel Authority of India's market capitalisation (M-Cap) was at ₹ 53,195.59 crore as of the stock market close on Wednesday, 28 May 2025.
Read all stories by Anubhav Mukherjee
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Mint
2 hours ago
- Mint
Stock in focus: Multibagger stock KEC International in focus after THIS multi-crore order book update. Check details
Multibagger stock: KEC International shares will be in focus of the stock market investors on Monday, 18 August 2025, after the company announced that they have secured a ₹ 1,402 crore order across its businesses, according to an exchange filing. The RPG Group-owned global infrastructure Engineering, Procurement and Construction (EPC) firm announced that they have secured transmission and distribution project order of a 765 kV transmission line from a 'marquee private player' based in India. As a part of the order, the company will supply towers and hardware and poles to the United States, according to an exchange filling. The company also announced that they have secured a repeat order for a high-rise residential project. KEC International also disclosed that the company also secured a supply order of various types of cables and conductors in India and the overseas market. "We are pleased with the order wins across our businesses. In the India T&D business, we have expanded our customer base by securing a prestigious order from a reputed private player," said Vimal Kejriwal, the managing director and chief executive officer of KEC International. KEC International shares closed 1.92% lower at ₹ 778.05 after Thursday's stock market session, compared to ₹ 793.30 at the previous market close. The company announced its order book update on 17 August 2025. The stock market was closed on Friday, 15 August 2025, on the account of India's 79th Independence Day. KEC International shares have given stock market investors more than 144% returns on their investment in the last five years. However, the stock has lost 5.54% in the last one-year period. On a year-to-date (YTD) basis, the shares have lost 35.17% in 2025 and are trading 5.77% lower in the last five market sessions on the Indian stock market. The company shares hit their 52-week level high at ₹ 1,312 on 4 December 2024, while the 52-week low level was at ₹ 605.05 on 7 April 2025, according to the data collected from the BSE website. KEC International's market capitalisation (M-Cap) stood at ₹ 20,711.69 crore as of the stock market close on Thursday, 14 August 2025. Read all stories by Anubhav Mukherjee Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making investment decisions.
India.com
6 hours ago
- India.com
Regaal Resources IPO Allotment Status: How To Check Online
New Delhi: The three-day bidding for the Regaal Resources IPO ended on Thursday with strong investor demand. The IPO allotment is expected to take place today. In case of any delay, the final allotment date will be 18 August 2025. Applicants can check their allotment status online via the BSE website or the registrar MUFG Intime India Pvt Ltd. Grey Market Premium (GMP) The IPO continues to trade at a premium in the grey market. As of today, the Regaal Resources IPO GMP is Rs 24, down from Rs 31 on Thursday. Market experts attribute the dip to global uncertainties after the Trump-Putin meeting in Alaska. However, sentiment could improve next week as investors react positively to the GST reforms announced by PM Narendra Modi during his Independence Day address. How to Check IPO Allotment on MUFG Website Visit: MUFG IPO Allotment Page Select 'Regaal Resources Limited' from the company list. Enter your PAN card number or Application number. Click Submit to view your allotment status. How to Check IPO Allotment on BSE Website Visit: BSE IPO Allotment Page Under Issue Type, select Equity. Under Issue Name, choose Regaal Resources Ltd. Enter your Application Number or PAN card details. Complete the Captcha (I'm not a robot) verification. Click Search to view your status. IPO allotment likely on 18 August 2025 . GMP stands at Rs 24, indicating a healthy listing premium. Applicants can check allotment on BSE or MUFG Intime India portals using PAN or application number.
Mint
a day ago
- Mint
Dividend Stocks: HAL, Godfrey Phillips, Coal India, among others to trade ex-dividend next week; Full list
Dividend Stocks: Shares of major companies, including Hindustan Aeronautics (HAL), Godfrey Phillips India, Coal India, Senco Gold, Rail Vikas Nigam Ltd, Natco Pharma, Power Finance Corp., Jammu & Kashmir Bank, and JK Paper, are among others that will trade ex-dividend in the week starting Monday, 18 August 2025. The ex-dividend date is when the equity share price adjusts itself to reflect the next dividend payout. This day, the stock becomes ex-dividend, which means the shares do not carry the value of their next dividend payment from that day forward. The dividend issue will be payable to all the shareholders whose names appear on the company's list by the end of the record date. According to BSE data, many companies also announced other corporate actions, including bonus issues and stock splits. Aarti Industries Ltd, Bright Brothers Ltd, DHP India Ltd, JK Paper Ltd, Lakshmi Electrical Control Systems Ltd, Power Finance Corporation Ltd, Ram Ratna Wires Ltd, and Rose Merc Ltd. Apollo Hospitals Enterprise Ltd, Elixir Capital Ltd, Industrial & Prudential Investment Company Ltd, Jammu & Kashmir Bank Ltd, Natco Pharma Ltd, Power Grid Corporation of India Ltd, Refex Industries Ltd, R K Swamy Ltd, Shyam Metalics and Energy Ltd, Silver Touch Technologies Ltd, and Sumedha Fiscal Services Ltd. Bhansali Engineering Polymers Ltd, Colab Platforms Ltd, ECOS (India) Mobility & Hospitality Ltd, Him Teknoforge Ltd, Senco Gold Ltd, and Sukhjit Starch & Chemicals Ltd. AMJ Land Holdings Ltd, Bhandari Hosiery Exports Ltd, BSL Ltd, Coal India Ltd, Hindustan Aeronautics Ltd, Honda India Power Products Ltd, Kakatiya Cement Sugar & Industries Ltd, Manorama Industries Ltd, Pudumjee Paper Products Ltd, Relaxo Footwears Ltd, Rail Vikas Nigam Ltd, Styrenix Performance Materials Ltd, and Thomas Cook (India) Ltd. ABM Knowledgeware Ltd, Agi Greenpac Ltd, AK Capital Services Ltd, APL Apollo Tubes Ltd, ASM Technologies Ltd, Bannari Amman Sugars Ltd, Belrise Industries Ltd, Bhatia Communications & Retail (India) Ltd, DAPS Advertising Ltd, Deep Industries Ltd, Dhanashree Electronics Ltd, DMCC Speciality Chemicals Ltd, Dynacons Systems & Solutions Ltd, Dynamic Industries Ltd, eClerx Services Ltd, Federal Bank Ltd, Gujarat Ambuja Exports Ltd, Godfrey Phillips India Ltd, GE Vernova T&D India Ltd, HMA Agro Industries Ltd, IB Infotech Enterprises Ltd, Indigo Paints Ltd, Indian Railway Catering and Tourism Corporation Ltd (IRCTC), iStreet Network Ltd, Jasch Gauging Technologies Ltd, Jindal Steel & Power Ltd, Jindal Stainless Ltd, Sai Silks (Kalamandir) Ltd, KFin Technologies Ltd, Kuantum Papers Ltd, LIC Housing Finance Ltd, Lodha Developers Ltd, Mallcom (India) Ltd, Mayur Uniquoters Ltd, Global Health Ltd, NDL Ventures Ltd, Netweb Technologies India Ltd, Naturewings Holidays Ltd, Nicco Parks & Resorts Ltd, Omax Autos Ltd, Paradeep Phosphates Ltd, Procter & Gamble Health Ltd, Rajesh Power Services Ltd, Rajapalayam Mills Ltd, Sandesh Ltd, Sarda Energy & Minerals Ltd, Shree Digvijay Cement Company Ltd, Sportking India Ltd, United Drilling Tools Ltd, Upsurge Investment & Finance Ltd, Veljan Denison Ltd, and WEP Solutions Ltd. Algoquant Fintech Ltd: declared a bonus issue of shares at a ratio of 8:1. Shares will trade ex-bonus on Monday, 18 August 2025. Bemco Hydraulics Ltd: declared a bonus issue of shares at a ratio of 1:1. Shares will trade ex-bonus on Friday, 22 August 2025. A bonus issue is a corporate action that allows existing shareholders to subscribe for additional shares. Instead of increasing the dividend payout, companies offer to distribute additional shares to the shareholders. For example, the company may give out one bonus share for every ten shares held. Algoquant Fintech Ltd will undergo a stock split from ₹ 2 to ₹ 1. Shares will trade ex-split on Monday, 18 August 2025. Chandrima Mercantiles Ltd will undergo a stock split from ₹ 10 to ₹ 1. Shares will trade ex-split on Wednesday, 20 August 2025. Dev Information Technology Ltd will undergo a stock split from ₹ 5 to ₹ 2. Shares will trade ex-split on Thursday, 21 August 2025. Bemco Hydraulics Ltd will undergo a stock split from ₹ 10 to ₹ 1. Shares will trade ex-split on Friday, 22 August 2025. A stock split is a corporate action that occurs when a company issues additional shares to shareholders to boost liquidity. The total number of shares issued is increased by a specified ratio based on previously held shares. However, if the number of shares outstanding increases by a specific multiple, the total value (in rupees) of all shares outstanding remains the same because a split does not change the company's value. Most common split ratios are 2-for-1 or 3-for-1 (marked as 2:1 or 3:1). For every share held before the split, each stockholder will have two or three shares, respectively, after the split. National Highways Infra Trust - Income Distribution (InvIT) on Tuesday, 19 August 2025. Josts Engineering Company Ltd - Right Issue of Equity Shares on Wednesday, 20 August 2025. Read all stories by Anubhav Mukherjee Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
