Dividend Stock: SmallCap Share Declares 100% Interim Dividend For FY25; Fixes Record Date – News18
Last Updated:
DCM Shriram Industries Ltd announced an interim dividend of Rs 2 per share for FY 2024-25. Shares fell 0.69%, trading at Rs 159. The company operates in Agri-Rural and Chloro-Vinyl sectors.
DCM Shriram Industries announces dividend for FY25.
Dividend Stock: DCM Shriram Industries Ltd on Friday declared an interim dividend of Rs 2 per equity of face value of Rs 2 each (100%) for the financial year 2024-25.
“this is to inform that the Board of Directors of the Company in its meeting held today i.e. 28.03.2025 has declared an interim dividend of Rs. 2/- per equity share of face value of Rs. 2/- each (100%) for the financial year 2024-25. The dividend will be disbursed within 30 days from today,” the company said in the filing.
Shares of DCM Shriram Industries slid -0.69 per cent during the intraday on Friday. The scrip was trading at Rs 159 per equity, against the day’s opening at Rs 167.10 apiece.
DCM Shriram Industries Ltd is a smallcap company with a market cap of Rs 1,389 crore.
DCM Shriram Industries Limited (DSIL), a diversified Indian conglomerate, operates in sectors like Agri-Rural Business (sugar, ethanol, farm solutions), Chloro-Vinyl Business (caustic soda, PVC), and Value-Added Business (Fenesta Building Systems).
DCM Interim Dividend 2025 Record Date
The company has fixed Friday, March 04 as the Record Date for the interim dividend of FY2024-25.
“this is to inform that the Board of Directors of the Company in its meeting held today i.e. 28.03.2025 has fixed 04.04.2025 i.e. Friday as the ‘Record Date’ for deciding the entitlement for interim dividend for the financial year 2024-25, declared in the said Board meeting,” the company said in the filing.
DCM Sriram Financials
In the fiscal year 2023-24, DCM Shriram Industries reported a revenue of Rs 2,082.90 crore. For the quarters ending December 2024 and September 2024, the revenue was Rs 492.98 crore and Rs 533.08 crore, respectively. The net profit for the same fiscal year was Rs 114.94 crore, with quarterly net profits of Rs 23.19 crore in December 2024 and Rs 22.44 crore in September 2024.
The earnings per share (EPS) for FY 2023-24 stood at Rs 13.21, while the cash EPS was Rs 17.68. For the quarters ending December 2024 and September 2024, the EPS were Rs 2.67 and Rs 2.58, and the cash EPS were Rs 3.81 and Rs 3.73, respectively.
