Bajaj Finserv Ltd.'s shares are in focus on Thursday as it marks the last session to purchase shares to qualify for the upcoming dividend. The company has announced a dividend of Rs 1 per share.
The record date to determine eligible shareholders for the dividend payout is set for June 27. Due to India's T+1 settlement cycle, shares bought on the record date will not qualify for the dividend. Therefore, investors must own shares by June 26 to be eligible.
The record date identifies shareholders entitled to receive the dividend, while the ex-dividend date, typically coinciding with the record date, reflects the adjustment in share price for the impending payout.
Bajaj Finserv Ltd. reported a 14% year-on-year increase in net profit for the fourth quarter of the financial year 2025, reaching Rs 2,416.6 crore. This compares to Rs 2,118.5 crore in the same period of the previous fiscal, according to the company's earnings release.
The company's total income for the quarter rose 14% to Rs 36,596.4 crore, up from Rs 32,042 crore in the year-ago period. Bajaj Finserv also reported a net interest income of Rs 11,551 crore for the March quarter, marking a 22% increase from Rs 9,496 crore in Q4 FY24.
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