Bharat Electronics Interim Dividend 2025: Bharat Electronics Limited (BEL) has announced that its board will meet early next month to discuss paying an interim dividend for the financial year 2024-25. The meeting is scheduled for Wednesday, March 5, 2025. This news comes as BEL shares dropped by 1.33% during trading on Thursday. The stock opened at Rs 257.40 per share, slightly higher than its previous closing price of Rs 256.40.
In the last financial year, 2023-24, BEL paid two interim dividends of Rs 0.70 per share each. The company also gave a final dividend of Rs 0.80 per share for the same year. This shows that BEL has a history of sharing profits with its shareholders.
Bharat Forge Shares Jump 3% Following Defence Agreement to Supply Artillery Cannons to the US
The company recently shared its financial results for the third quarter of the 2024-25 financial year. According to News18, BEL reported a net profit of Rs 1,316 crore, which is 47.3% higher than the same period last year. Its revenue for the quarter was Rs 5,756 crore, showing a 39% increase compared to the previous year.
The company’s earnings before interest, taxes, depreciation, and amortization (EBITDA) also grew significantly, rising by 57.5% to Rs 1,653 crore. The EBITDA margin improved to 28.7%, up from 25.4% last year, which is better than what many experts had predicted.
BEL or HAL? JPMorgan Picks This as Top Choice in Defence Stocks
As of December 2024, BEL has orders worth Rs 71,100 crore. However, the company received new orders worth only Rs 10,800 crore for the 2024-25 financial year, which is much lower than its target of Rs 25,000 crore. Despite this, BEL continues to perform well financially and remains a strong player in its industry.
The upcoming board meeting will focus on declaring an interim dividend for the current financial year. Shareholders and investors will be watching closely to see how much the company decides to pay this time. BEL’s strong financial performance and consistent dividend payments make it a reliable choice for many investors.
