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    Dividend inventory Schaeffler India units report date on 23 April 2025. Particulars right here

    Schaeffler India, on Tuesday, introduced that it has set Wednesday, April 23, 2025, because the report date for the fee of dividend to its eligible shareholders.

    “That is to tell you that the Document Date for the aim of 62nd Annual Common Assembly (‘AGM’) and figuring out the record of members eligible for the fee of Dividend is Wednesday, April 23, 2025,” the corporate mentioned in an trade submitting.

    The corporate additional knowledgeable that the dividend for the yr ended December 31 will likely be paid inside 30 days from the date of the Annual Common Assembly (AGM).

    Additionally Learn | Sanofi, Schaeffler share costs in focus as corporations to mull dividend at present

    On February 27, Schaeffler India introduced that its board has proposed a considerable dividend of 28 per share. Nonetheless, the payout is topic to shareholder approval on the firm’s Annual Common Assembly (AGM). The 62nd AGM of Schaeffler India is ready to happen on Wednesday, April 30, 2025.

    “Really useful a Dividend of 28 per Fairness Share of face worth of 2 every. The Dividend for the yr ended December 31, 2024, if accepted by the Shareholders on the ensuing Annual Common Assembly (AGM) shall be paid inside 30 days from the date of AGM,” Schaeffler India mentioned in an trade submitting.

    Schaeffler India share value fell over 2 per cent on Tuesday, March 11. At 1:23 pm, Schaeffler India inventory was buying and selling at 3,210.50 apiece on NSE.

    Schaeffler India dividend historical past

    This marks Schaeffler India’s third-largest dividend payout. Beforehand, in 2021, the corporate distributed a dividend of 38 per share to its traders. Earlier than that, in 2020, it had rewarded shareholders with a 35 per share dividend.

    In 2023, Schaeffler India distributed a dividend of 24 per share to its traders. Throughout the identical yr, the corporate underwent a inventory break up in a 5:1 ratio and subsequently issued a dividend of 16 per share.

    Schaeffler India Q3 FY25 outcomes highlights

    Schaeffler India reported a 13.20 per cent rise in web revenue, reaching 237.28 crore within the December 2024 quarter, up from 209.61 crore in the identical interval of 2023. Gross sales grew by 13.95 per cent in Q3FY25, totaling 2136.06 crore, in comparison with 1874.55 crore in Q3FY24.

    Additionally Learn | Schaeffler India’s development wants pace to justify wealthy valuation

    For the complete yr, web revenue elevated by 4.43 per cent to 938.86 crore in December 2024, up from 899.02 crore in December 2023. Annual gross sales rose by 13.54 per cent, reaching 8232.38 crore in 2024, in comparison with the earlier yr’s 7250.89 crore.

    EBITDA noticed a 14.2 per cent YoY enhance, rising from 324.1 crore in Q4FY23 to 370.2 crore within the newest quarter. Nonetheless, the EBITDA margin remained secure at 17.3 per cent.

    Disclaimer: This story is for instructional functions solely. The views and suggestions above are these of particular person analysts or broking firms, not Mint. We advise traders to test with licensed consultants earlier than making any funding selections.

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    Enterprise NewsMarketsStock MarketsDividend inventory Schaeffler India units report date on 23 April 2025. Particulars right here

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