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Polycab India Q4 Results: Net profit jumps to Rs 727 crore; Rs 35/share dividend declared

Polycab India Q4 Results: Net profit jumps to Rs 727 crore; Rs 35/share dividend declared

Polycab India Q4 Results, Polycab India Dividend: Polycab India, a largecap electrical equipment maker firm, on Tuesday reported a consolidated net profit of Rs 727 crore, marking an increase of 33.15 per cent over the corresponding period a year ago.

The company’s revenue rose to Rs 6,990 crore from Rs 5,591 crore a year ago, according to a regulatory filing.

Revenue from the FMEG segment stood at Rs 480 crore and from its wire & cable unit at Rs 6,019 crore, as against Rs 360 crore and Rs 4,920 crore a year ago, respectively.

The company’s board approved a dividend of 350 per cent for FY25.

Polycab India announces Rs 35/share dividend 

The company declared a dividend of Rs 35 per share, translating to a 350 per cent payout given the face value of Rs 10 per equity share.

Dividend history

From June 18, 2029 till date, the company has declared six dividends, with the highest and lowest value of Rs 30 and Rs 3, respectively.

Here is a summary of past dividends approved by the largecap firm:

Ex-Date Dividend amount (in Rs)
09-Jul-24 30
21-Jun-23 20
21-Jun-22 14
12-Jul-21 10
12-Mar-20 7
18-Jun-19 3

Polycab India Stock Update

On Tuesday, May 6, shares of Polycan India ended nearly 2 per cent higher to Rs 5,910, apiece on NSE. In the past one year, the stock surged 0.14 per cent, and over 750 per cent in the last five years.

Doonited Affiliated: Syndicate News Hunt

This report has been published as part of an auto-generated syndicated wire feed. Except for the headline, the content has not been modified or edited by Doonited

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