Bharat Electronics shares will likely be in deal with Wednesday because the defence PSU will declare interim dividend. Bharat Electronics share worth noticed an uptick a day forward of the board meet to think about dividend.
The defence firm Bharat Electronics Ltd (BEL) final month introduced that its board will think about an interim dividend for FY25 at present, March 5.
“… assembly of the Board of Administrators of the Firm is scheduled to be held on Wednesday, the fifth March, 2025 to think about, inter alia, declaration of interim dividend for the monetary 12 months 2024-25,” Bharat Electronics stated in a regulatory submitting on February 25.
BEL dividend document date can be prone to be introduced together with the dividend quantity at present. This would be the first interim dividend by the Navratna standing PSU Bharat Electronics for the present monetary 12 months 2024-25.
The corporate has been constantly awarding shareholders with the dividend funds and bonus points. Right here’s a take a look at Bharat Digital dividend historical past:
BEL Dividend Historical past
In keeping with the info on BSE, BEL introduced a dividend thrice in 2024. The final dividend from Bharat Electronics was on 14 August 2024 when the corporate paid a Ultimate Dividend of ₹0.80 per share. BEL additionally paid Re 0.70 dividend in March 2024 and February 2024 every. In 2023, Bharat Digital had paid a complete dividend of ₹1.80 to its shareholders.
Bharat Electronics Q3 Outcomes
Bharat Electronics reported respectable earnings progress in the course of the third quarter of FY25, beating analysts’ estimates. The defence PSU reported a web revenue of ₹1,316.06 crore within the quarter ended December 2024, registering a progress of 47.33% from ₹893.30 crore within the year-ago interval.
The corporate reported a 37% progress in its income from operations in Q3FY25, reaching ₹5,643 crore, in comparison with ₹4,120.10 crore throughout the identical interval final 12 months. When it comes to working revenue, the corporate’s EBITDA elevated 57.5% to ₹1,653 crore from ₹1,072 crore, year-on-year (YoY), whereas the EBITDA margin expanded by 330 foundation factors YoY to twenty-eight.7%.
Bharat Electronics’ whole order e-book stood at ₹71,100 crore on the finish of the December quarter.
Bharat Electronics Inventory Worth Efficiency
Bharat Electronics share worth has fallen 7% in a single month and has dropped 10% on a year-to-date (YTD) foundation. The PSU defence inventory has declined over 11% prior to now six months. Nonetheless, BEL shares have gained over 26% in a single 12 months and have delivered multibagger returns of 176% prior to now two years.
On Tuesday, BEL shares ended 2.82% increased at ₹264.65 apiece on the BSE.
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