Tata Power Co. recommended a final dividend of Rs 2.25 per share of a face value of Re 1 each for financial year 2025.
The record date for the dividend will be June 20. The company will hold its 106th annual general meeting to approve the dividend on July 4, according to an exchange filing on Wednesday.
The total amount to be disbursed as dividend is around Rs 719 crore. Retail investors who own up to 24.16% stake will receive a sum total of Rs 174 crore.
Tata Power reported a 17% increase in consolidated net profit for the fourth quarter of fiscal 2025, meeting analysts' expectations.
The power company announced a net profit of Rs 1,043 crore for the quarter ended March 31, 2025. This was in line with the Rs 1,026-crore forecast by analysts monitored by Bloomberg.
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