Eicher Motors Board Approves Final Dividend Of Rs 70 Per Share — Check Details
The company's net profit rose 27% to Rs 1,362.2 crore in the March quarter.
Eicher Motors Ltd. is set to pay a final dividend of Rs 70 per share for the financial year 2025 following the announcement of its fourth-quarter results on Wednesday.
The company is set to pay out Rs 1,919 crore to its nearly 2.5 lakh shareholders. This recommendation is subject to the approval of the shareholders at the 43rd annual general meeting.
The dividend will be paid or dispatched within 30 days from the date of shareholders' approval, according to an exchange filing.
Eicher Motors Q4 Highlights (Consolidated, YoY)
Revenue up 23% to Rs 5,241 crore versus Rs 4,256 crore (Bloomberg estimate: Rs 5,160 crore).
Ebitda up 11% to Rs 1,257.7 crore versus Rs 1,128.6 crore (Bloomberg estimate: Rs 1,303 crore).
Margin at 24% versus 26.5% (Bloomberg estimate: 25.3%).
Net profit up 27% to Rs 1,362.2 crore versus Rs 1,070.5 crore (Bloomberg estimate: Rs 1,252 crore).
Shares of Eicher Motors closed 0.51% higher at Rs 5,446.5 apiece on the NSE, compared to a 0.36% advance in the benchmark Nifty. The scrip has risen 12.95% on a year-to-date basis and 15.13% in the last 12 months.
Twenty out of the 40 analysts tracking the company have a 'buy' rating on the stock, 13 recommend 'hold' and seven suggest 'sell', according to Bloomberg data. The average of 12-month analysts' price targets implies a potential upside of 1.3%.
