https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

BEML Declares Rs. 15 Interim Dividend Despite Weak Q3 Results

While the dividend announcement signals positive shareholder returns, the company's December quarter results reflect weak operational performance
Indian Masterminds Stories

State-owned Bharat Earth Movers Limited (BEML) has announced a second interim dividend of Rs. 15 per equity share (150%) on a face value of Rs. 10 for the financial year 2024–25. The record date for the dividend has been fixed as May 15, 2025, according to the company’s exchange filing on May 9. In comparison, BEML had declared a total dividend of Rs. 35.50 per share in the previous fiscal year.

While the dividend announcement signals positive shareholder returns, the company’s December quarter results reflect weak operational performance. BEML’s net profit dropped significantly to Rs. 24.4 crore, nearly half of the Rs. 48.2 crore reported in the same quarter last year.

Revenue also declined by 16.3% to Rs. 876 crore, down from Rs. 1,047 crore a year ago. However, operating performance was supported by lower costs. The company’s EBITDA rose 8% year-on-year to Rs. 60.6 crore, and margins improved to 7% from 5.4%, aided by a reduction in other expenses and employee benefit costs.

Despite the interim dividend declaration, BEML shares have declined over 26% so far this year. On Friday, however, the stock traded 0.82% higher at Rs. 3,038.60.

Also Read: Motilal Meena Appointed as Non-Official Director on Board of Oil India Limited


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
Bahadurgarh
Municipal Council Bahadurgarh Cleans Heavily Polluted Canal Stretch in Major Community-Led Drive
CM Hemant Soren
Jharkhand CM Hemant Soren Reviews Water Supply Plans, Targets Tap Water for Every Home by 2028
GNSS Jammers
MoD Signs ₹449 Crore Deal for Indigenous GNSS Jammers to Boost Indian Navy’s Electronic Warfare Strength
Indian Navy Yard 1280 NGOPV
DoPT Gives Hari Narayan Jangid Dual CVO Role at Goa Shipyard and Mazagon Dock Shipbuilders for Six Months
Powergrid1 Power Grid
POWERGRID Approves ₹485 Crore SCADA Upgrade, Secures JPY 80 Billion Loan and Announces Key Appointments
Puducherry Police
Puducherry Police Reshuffle: IPS Lakshmi Soujanya Posted as SSP Vigilance, Vinay Kumar Gadge Takes Charge of Karaikal
ECL COAL
ECL Achieves Record 52.085 Million Tonnes Coal Production in FY 2025–26, Boosts India’s Energy Security
West bengal Government WB
West Bengal Transfers 18 IAS Officers in Major Administrative Reshuffle; Anup Kumar Agarwal, Nandini Chakraborty Get Key Posts
ADVERTISEMENT
ADVERTISEMENT
Videos
Madhukar Kumar Bhagat
How an IRS Officer Spent Five Years Decoding 4,000 Years of Indian Culture
ajay suri
When The Entire Film Crew Was At The Mercy of King Cobra
Manisha Khatri
How IAS Officer Manisha Khatri IS Turning Nashik Kumbh 2027 Into A Digital Mega City
ADVERTISEMENT
UPSC Stories
Shreya Jha UPSC CSE 2025
AIR 357 Shreya Jha on Cracking UPSC CSE 2025: ‘Understand the Exam Before Trying to Conquer It’
AIR 357 Shreya Jha shares her UPSC CSE 2025 success story, preparation strategy, law optional approach,...
aayush swami
What Happened in Class 10 Changed His Entire Life:  Aayush Swami's Story Is About More Than UPSC
From a small village in Madhya Pradesh to securing AIR 461 in UPSC CSE 2025, Aayush Swami’s story blends...
Brijesh Parmar RAS
Failed Class 12, Failed BA First Year, Chose Dance, Then Cracked RAS Twice: The Story of Brijesh Parmar
Failed Class 12 and BA first year, pursued professional dance, then cracked RAS twice. Read Brijesh Parmar's...
CSR NEWS
SECL
SECL Launches Model Anganwadi Centre in Bilaspur Under ₹4.72 Crore CSR Push for Early Childhood Education 
Under a larger plan to modernise 200 Anganwadi centres, SECL expands community development efforts with...
NTPL
NTPL Signs ₹2.97 Crore CSR MoU with Gandhigram Rural Institute to Establish Gandhi Museum in Tamil Nadu
Project aims to preserve Mahatma Gandhi’s legacy through education, research, and heritage conservation...
NCL
NCL Signs ₹25 Lakh MoU with Singrauli Administration for Jal Ganga Sanvardhan Abhiyan Water Conservation Project
CSR initiative to build three ponds in Chitrangi block aims to boost groundwater recharge, irrigation...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Bahadurgarh
Municipal Council Bahadurgarh Cleans Heavily Polluted Canal Stretch in Major Community-Led Drive
CM Hemant Soren
Jharkhand CM Hemant Soren Reviews Water Supply Plans, Targets Tap Water for Every Home by 2028
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Madhukar Kumar Bhagat
ajay suri
Manisha Khatri
ADVERTISEMENT
ADVERTISEMENT