ITC Ltd. board has recommended a final dividend of Rs 7.85 per for the financial year ended March 31, 2025, according to an exchange filing on Thursday.
This will be subject to declaration of the same by the members at the ensuing 114th annual general meeting of the company, which has been convened for July 25.
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The company is set to pay out Rs 9,823 crore to its over 36 lakh shareholders. This final dividend, if declared, will be paid between July 28 and July 31 to those members entitled.
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Together, with the interim dividend of Rs 6.5 declared by the board on Feb. 6, the total dividend for the financial year 2025 would be Rs 14.35 per share.
The board has also fixed May 28 as the record date for the purpose of determining entitlement of the members for payment of final dividend.
ITC Ltd.'s profit, excluding the one-time exceptional gains, rose only marginally in the fourth quarter of financial year 2024-25. The standalone profit from continued operations of India's largest cigarette maker came in at Rs 4,874 crore in the quarter ended March, up 0.8% as against Rs 4,837 crore a year ago.
The shares of ITC closed 1.73% lower at Rs 425.4 apiece on the NSE, compared to a 0.82% decline in the benchmark Nifty at close on Thursday.
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