The shareholders of tire corporate MRF are going to get a last dividend of Rs 229 in step with proportion for FY 2024-25. It was once introduced in Would possibly this 12 months throughout the declaration of result of January-March 2025 quarter and FY 2025. Now the corporate’s board has introduced a file date to come to a decision the eligibility of shareholders for dividends on the July 3 assembly.
This file date is eighteen July 2025. By means of this date, shareholders whose names shall be within the information of the Check in of Participants of the Corporate or Depositors because the beneficiaries homeowners of stocks shall be entitled to dividend. MRF LTD has advised the inventory markets that its sixty fourth annual common assembly goes to be hung on 7 August 2025. On this, the approval of shareholders shall be taken on dividend after which there shall be fee.
Previous, the MRF has given an intervening time dividend of Rs 3-3 in step with proportion two times for FY 2025. The overall dividend given by way of the corporate for FY 2025, together with the overall dividend, will proportion Rs 235 in step with proportion. In FY 2024, the corporate gave a last dividend of Rs 194 in step with proportion and an intervening time dividend of Rs 3-3 in step with proportion in two times.
MRF LTD’s inventory closed at Rs 144730.20 on 3 July, down 0.26 p.c on BSE. All over the day, the inventory had climbed about 2 p.c from the remaining closed value to 52 weeks contemporary prime 147890 rupees. The corporate’s marketplace cap is greater than Rs 61300 crore. In keeping with the BSE, the inventory has won 12 p.c in a 12 months, 14 p.c in 6 months and 26 p.c in 3 months. The corporate had 27.78 p.c stake within the corporate until the top of March 2025.
Mrf Ltd’s web benefit greater by way of 29 p.c to Rs 512.11 crore on an annual foundation in January-March 2025 quarter. It was once Rs 396.11 crore a 12 months in the past. Consolidated income from operations greater by way of 11.4 p.c to Rs 7074.82 crore on an annual foundation. It was once Rs 6349.36 crore a 12 months in the past. The expenditure greater to Rs 6526.87 crore, which was once Rs 5915.83 crore within the March 2024 quarter.
The MRF’s web benefit in all of the monetary 12 months 2024-25 was once Rs 1869.29 crore, which is not up to Rs 2081.23 crore. Income rose to Rs 28153.18 crore from the operations, which was once Rs 25169.21 crore in FY 2024.
