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Dr Reddy's, Navin Fluorine to Birla Corporation: These seven stocks declare dividends
Dr Reddy's, Navin Fluorine to Birla Corporation: These seven stocks declare dividends

Mint

time12-05-2025

  • Business
  • Mint

Dr Reddy's, Navin Fluorine to Birla Corporation: These seven stocks declare dividends

Dividend Stocks: Dr Reddy's, Navin Fluorine, Birla Corporation, Triveni Turbines, Shakti Pumps (India) Limited, Electrosteel Castings, and Apollo Pipes are among seven key stocks that declared dividends for investors over the weekend or post-market hours on Friday. Dr. Reddy's Laboratories: The Board of Dr Reddy's on May 9, 2025, recommended a final dividend of ₹ 8/- per equity share of ₹ 1/- each for the financial year 2024-25. Navin Fluorine: The company board on May 9 declared a final dividend of ₹ 7/- per equity share (350% taking into consideration face value) for FY 2024-2025. The dividend, as per Navin Fluorine, is to be approved by the Members of the Company at the forthcoming 27th Annual General Meeting, which is scheduled to be held on July 31, 2025. The record date decided by Navin Fluorine stands as Friday, July 4, 2025 Final Dividend, if declared, shall be paid on or after Friday, August 8, 2025. Birla Corporation: Birla Corp also recommended a dividend of ₹ 10 per share (i.e. 100% taking into consideration the face value) on 7,70,05,347 ordinary shares for the Financial Year 2024-25. As per Birla Corp, the dividend shall be paid within 30 days from the date of approval by the shareholders at the ensuing Annual General Meeting of the company. Triveni Turbine Limited: The Board of Triveni Turbines recommended a final dividend @200%, taking into account the face value of the share, i.e. ₹ 2/- per fully paid-up equity share of the face value of ₹ 1 each for the financial year 2024-25. The dividend is subject to approval of the shareholders at the ensuing Annual General Meeting ('AGM') to be held on Monday, September 8, 2025. The dividend, if approved at the AGM, shall be paid to the shareholders, subject to deduction of tax at source, within thirty days from the date of declaration, as per Triveni Turbine. Shakti Pumps (India) Limited: Shakti Pumps recommended the final dividend of ₹ 1/- per equity share of face value of ₹ 10/- each, which amounts to 10% considering the face value of the share, for the financial year ended March 31, 2025. The dividend as per Shakti Pumps is subject to the approval of members in the ensuing Annual General Meeting (AGM) of the company. Electrosteel Castings: Electrosteel Castings recommended a final dividend of ₹ 1.40 (amounting to 140% on face value) per equity share of face value of ₹ 1 each for the financial year ended March 31, 2025. Apollo Pipes Limited: Apollo Pipes announced a final dividend of ₹ 0.70/-per equity share of ₹ 10/- each (7% on considering the face value) for the financial year ended March 31, 2025. This shall be paid or dispatched as per Apollo Pipes to the shareholders within 30 days of declaration, and any further information in this regard, as per Apollo Pipes, including record date etc. shall be given to the stock exchanges in due course.

Dr Reddy's, Navin Fluorine to Birla Corporation: These seven stocks declare dividend
Dr Reddy's, Navin Fluorine to Birla Corporation: These seven stocks declare dividend

Mint

time12-05-2025

  • Business
  • Mint

Dr Reddy's, Navin Fluorine to Birla Corporation: These seven stocks declare dividend

Dividend Stocks: Dr Reddy's, Navin Fluorine, Birla Corporation, Triveni Turbines, Shakti Pumps (India) Limited, and Electrosteel Castings Ltd Apollo Pipes Limited are among Seven key stocks declared dividend for investors over the weekend or post market hours on Friday and their share price will remain in Focus on Monday Dr. Reddy's Laboratories Limited - The Board of Dr Reddy's on 9 May 2025 Recommended a final dividend of Rs. 8/- per equity share of Rs. 1/- each for the financial year 2024-25. NAVIN FLUORINE INTERNATIONAL LIMITED- Navin Fluorine on 9 May 2025 declared final dividend of ₹ 7/- per equity share (350% taking into consideration face value) for FY 2024-2025, as recommended by the Board at its Meeting held today i.e. on May 09, 2025. The dividend as per Navin Flurine is to be approved by the Members of the Company at the forthcoming 27th Annual General Meeting, which is scheduled to be held on July 31, 2025. The Record date decided by Navin Fluorine stands on Friday, July 04, 2025 Final Dividend, if declared shall be paid on or after Friday, August 08, 2025. BIRLA CORPORATION Ltd - Birla Corp also Recommended Dividend of `Rs10 per share (i.e. 100% taking into consideration the face value) on 7,70,05,347 ordinary shares for the Financial Year 2024-25. As per Birla Corp the dividend shall be paid within 30 (thirty) days from the date of approval by the shareholders at the ensuing Annual General Meeting of the Company Triveni Turbine Limited- The Board of Triveni Turbines recommended a final dividend @ 200% taking into account the face vlue of the share i.e. Rs. 2/- per fully paid-up equity share of the face value of Re. 1/- each for the financial year 2024-25. The same as per Triveni Turbine is subject to approval of the shareholders at the ensuing Annual General Meeting ('AGM') to be held on Monday, September 8, 2025. The dividend, if approved at the AGM, shall be paid to the shareholders, subject to deduction of tax at source, within thirty days from the date of declaration, as per Triveni Turbine. Shakti Pumps (India) Limited- Shakti Pumps recommended the final dividend of Rs. 1/- per Equity Shares of face value of Rs. 10/- each, which amounts to 10 % considering the face value of share, for the financial year ended March 31, 2025. The same as per Shakti Pumps are subject to approval members in the ensuing Annual General Meeting (AGM) of the Company Electrosteel Castings- The Electrosteel Castings recommended a final dividend of Rs. 1.40 (amounting to 140% on face value) per Equity Share of face value of Re. 1/_each for the Financial Year ended 31 March1 20l5: Apollo Pipes Limited- Apollo Pipes announced a final Dividend of Rs. 0.70/-(Seventy Paisa Only) per equity share of Rs. 10/- each (7% on considering the Face Value) for the financial year ended March 31, 2025. This shall be paid or dispatched as per Apollo Pipes to the shareholders within 30 days of declaration and any further information in this regard as per Apollo Piped including record date etc. shall be given to the stock exchanges in due course 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 taking any investment decisions.

Shakti Pumps Q4 results: Profit rises 23% to ₹110 cr on higher income
Shakti Pumps Q4 results: Profit rises 23% to ₹110 cr on higher income

Business Standard

time10-05-2025

  • Business
  • Business Standard

Shakti Pumps Q4 results: Profit rises 23% to ₹110 cr on higher income

Solar pumps maker Shakti Pumps (India) on Saturday posted around 23 per cent growth in profit to Rs 110.23 crore in the March quarter, driven by higher income. It had reported Rs 89.67 crore profit in the January-March period of the 2023-24 fiscal year, the company said in an exchange filing. The company's total income rose to Rs 669.76 crore from Rs 610.13 crore in the fourth quarter a year ago. The company's Chairman Dinesh Patidar said, "We reported our highest-ever revenue of Rs 25,162 million (Rs 2,516.2 crore) in FY25, which surged by 83.6 per cent YoY, while PAT grew exceptionally by 188.2 per cent to Rs 4,084 million (Rs 408.4 crore). "This impressive topline growth was driven by strong performances in both our domestic and export businesses, with profitability and margins further bolstered by our unwavering focus on operational efficiencies." "Our strong position in regions such as the US, Africa, Asia, and the Middle East ensures that this business remains stable and sustainable," he said. "We are confident that our strong presence and market share in these states will enable us to secure significant new orders," Patidar said.

Shakti Pumps (India) consolidated net profit rises 22.97% in the March 2025 quarter
Shakti Pumps (India) consolidated net profit rises 22.97% in the March 2025 quarter

Business Standard

time10-05-2025

  • Business
  • Business Standard

Shakti Pumps (India) consolidated net profit rises 22.97% in the March 2025 quarter

Sales rise 9.20% to Rs 665.32 crore Net profit of Shakti Pumps (India) rose 22.97% to Rs 110.23 crore in the quarter ended March 2025 as against Rs 89.64 crore during the previous quarter ended March 2024. Sales rose 9.20% to Rs 665.32 crore in the quarter ended March 2025 as against Rs 609.28 crore during the previous quarter ended March 2024. For the full year,net profit rose 188.13% to Rs 408.37 crore in the year ended March 2025 as against Rs 141.73 crore during the previous year ended March 2024. Sales rose 83.57% to Rs 2516.24 crore in the year ended March 2025 as against Rs 1370.74 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 665.32609.28 9 2516.241370.74 84 OPM % 24.6421.46 - 23.9616.40 - PBDT 155.60123.84 26 575.79208.93 176 PBT 150.23119.03 26 555.80189.90 193 NP 110.2389.64 23 408.37141.73 188

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