Tata Steel Ltd. recommended a final dividend of Rs 3.6 per share for a face value of Re 1 each for the financial year 2024–25.
The record date to determine the eligible shareholders for the dividend is set as June 6. The annual general meeting to decide on the approval of the dividend will take place on July 2, according to an exchange filing on Monday.
The total value of the dividend to be disbursed amounts to around Rs 4,494 crore. Retail investors who own up to 18.1% stake will receive a sum total of Rs 813 crore.
Tata Steel reported a 298% increase in consolidated net profit for the fourth quarter of fiscal 2025, surpassing analysts' expectations.
The firm announced a net profit of Rs 1,301 crore for the quarter ended March 2025. This exceeded the Rs 1,160.4-crore forecast by analysts monitored by Bloomberg.
Tata Steel Q4 FY25 Highlights (Consolidated, QoQ)
Revenue rises 4.8% to Rs 56,218 crore versus Rs 53,648.3 crore (Bloomberg estimate: Rs 57,295 crore).
Ebitda up 11.12% at Rs 6,560 crore versus Rs 5,903 crore (Estimate: Rs 6,616.1 crore).
Margin expands 66 basis points to 11.66% versus 11% (Estimate: 11.5%).
Net profit zooms 298% to Rs 1,301 crore versus Rs 326.64 crore (Estimate: Rs 1,160.4 crore).
Shares of Tata Steel ended 6% higher at Rs 153.65 apiece on the NSE, ahead of the results, compared to a 3.8% advance in the benchmark Nifty 50. The share price has fallen 6.5% in the last 12 months and risen 9.8% year-to-date.
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