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
MSME
West Bengal MSME Revival Plan: Govt to Reopen 8,000 Closed Factories to Boost Industrial Growth
MDL
Mazagon Dock Shipbuilders Takes Control of Colombo Dockyard, Holds First AGM After 51% Stake Acquisition
NTPC Dadri National Awards
NTPC Dadri Wins Multiple National Awards 2026 for CSR, Sustainability, Fly Ash Use and Rajbhasha Excellence
cm hemant
Jharkhand Grants DDO Powers to PHC and CHC In-charges to Decentralize Healthcare Administration
SECI
SECI Floats 70 MW Solar + 25 MW BESS Tender in Andhra Pradesh, Expands India’s Renewable Energy Push
Gaganyaan Mission
When Will Gaganyaan Launch? ISRO Chairman Gives Fresh Update
First Nuclear-Powered Hydrogen Plant
Explained: How India's World's First Nuclear-Powered Hydrogen Plant Could Change Clean Energy
Gaganyaan Mission
ISRO's High-Thrust Semi-Cryogenic Engine Passes Critical Test Ahead of Future Launches
ADVERTISEMENT
ADVERTISEMENT
Videos
NDA Cadet
From History to Heroism: How NDA's First Women Cadets Changed the Academy Forever
Appearances Are Often Deceptive, says The Suspect, An IRS Officer’s Film
Appearances Are Often Deceptive, says The Suspect, An IRS Officer’s Film
Shriram Tiwari
Jal Ganga Samvardhan Abhiyan: How Madhya Pradesh Is Turning Water Conservation into a People's Movement
ADVERTISEMENT
UPSC Stories
Viral Sharma UPSC
From Village to Victory: Viral Sharma Cracks UKPCS with Rank 7, Clears BPSC, Reaches UPSC Interview & Refuses to Stop Chasing IAS
Despite multiple setbacks, the NIT Allahabad graduate never gave up. Preparing largely from his village...
nikit singh
How Nikit Singh Cracked Civil Services, Wrote a Book, and Faced the Exam Hall Bleeding
From preparing in Indore to securing AIR 491 in UPSC CSE 2025, Nikit Singh’s journey is a story of grit,...
somya jainnn
The ‘One Extra Mark’ Formula That Helped Somya Jain Secure AIR 346 in UPSC 2025
From a small town in Madhya Pradesh to UPSC CSE 2025 AIR 346, Somya Jain’s self-study journey is a story...
CSR NEWS
NTPC Dadri National Awards
NTPC Dadri Wins Multiple National Awards 2026 for CSR, Sustainability, Fly Ash Use and Rajbhasha Excellence
Power station bags top honours in healthcare, environment and social impact categories, highlighting...
NMDC
NMDC Distributes 1,613 Fruit Saplings in Chhattisgarh Under CSR Drive to Boost Rural Livelihoods
Company promotes sustainable farming, nutrition, and green cover in Nerli and Bade Bacheli through mango,...
rec
RECPDCL Extends ₹1.25 Crore CSR Support to Kargil to Boost Education, Healthcare and Water Infrastructure
School bus flagged off in Ladakh initiative aims to improve safe access to education and benefit nearly...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
MSME
West Bengal MSME Revival Plan: Govt to Reopen 8,000 Closed Factories to Boost Industrial Growth
MDL
Mazagon Dock Shipbuilders Takes Control of Colombo Dockyard, Holds First AGM After 51% Stake Acquisition
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
NDA Cadet
Appearances Are Often Deceptive, says The Suspect, An IRS Officer’s Film
Shriram Tiwari
ADVERTISEMENT
ADVERTISEMENT