Skip to main content

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
Join our WhatsApp Channel
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
IAS Rinkoo Singh Rahee
After Jalaun Row, IAS Rinkoo Singh Rahee Seeks Inter-State Transfer, Offers to Take Half Salary in 6-Page Letter to UP Govt
IAF Joins Exercise Pitch Black 2026 in Australia; Rafale Fighters to Lead India's Air Combat Mission
IAF Joins Exercise Pitch Black 2026 in Australia; Rafale Fighters to Lead India's Air Combat Mission
Electric Vehicle
Bihar Opens Online Applications for EV Subsidies Under Electric Vehicle Policy 2026
Former Kerala CS S.M
Former Kerala Chief Secretary SM Vijayanand: IAS Officers Must Stay Away from Political Commentary; PM Modi Is Approachable, Development-Focused
MP Cabinet Approves Uniform Civil Code; Live-in Registration Mandatory, Triple Talaq & Halala Criminalised
MP Cabinet Approves Uniform Civil Code; Live-in Registration Mandatory, Triple Talaq & Halala Criminalised
Former Indian Navy Officer Dr Raj Ratan Appointed UPSC Deputy Director (Examination Reforms)
Former Indian Navy Officer Dr Raj Ratan Appointed UPSC Deputy Director (Examination Reforms) | Know Him
Haryana DGP Ajay Singhal Pays Tribute to 82 Police Martyrs, Warns Criminals to Quit Crime or Leave State
Haryana DGP Ajay Singhal Pays Tribute to 82 Police Martyrs, Warns Criminals to Quit Crime or Leave State
Atal Dulloo
J&K Chief Secretary Atal Dulloo Reviews Data Management Strategy, Pushes Citizen-Centric Digital Governance
ADVERTISEMENT
ADVERTISEMENT
Videos
Piyusha Jagtap
How IFS Piyusha Jagtap Is Changing Conservation Through Stories, Communities and Compassion | Video Interview
Pulkit Khare
How Uttar Pradesh Is Preparing Its Youth for the AI Revolution
Haryana Leads India's First AI-Powered Bird Census
Haryana Leads India's First AI-Powered Bird Census
ADVERTISEMENT
UPSC Stories
Sanjay Bagali and Deekshith N UPSC IFS 2025
How Trust, Teamwork and Persistence Helped Two Friends Crack UPSC IFS 2025
Read the inspiring UPSC IFS 2025 success story of Deekshith N (AIR 14) and Sanjay Bagali, whose friendship,...
Athira
She Forgot Her Own Name, Lost the Ability to Walk… Then Became a Doctor and Cracked UPSC with AIR 483
After a devastating accident erased her memories and left her permanently paralysed, Dr Athira Sugathan...
Tania Mishra IA&AS
Why Tania Mishra Chose IA&AS After Serving as a CISF Assistant Commandant
Tania Mishra cracked UPSC CSE 2023 with AIR 269 after serving as a CISF Assistant Commandant. Read her...
CSR NEWS
WCL
WCL Partners with Narayana Institute Nagpur to Provide Free JEE Coaching Under Project TARASH
WCL signs MoU with Narayana Institute for the 4th batch of Project TARASH, offering expert JEE coaching...
REC Smart Classrooms
REC Limited to Set Up 20 Smart Classrooms in West Bengal Government Schools, Benefiting 1,500+ Students
Under its CSR initiative, REC will establish technology-enabled Smart Classrooms in Alipurduar district...
REC CSR
REC Foundation Signs MoA for RO Water Systems in Delhi Schools, Supporting Healthier Futures for 8,000 Students 
REC Foundation signs MoA with UPSIC to provide safe drinking water facilities, improve hygiene standards...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
When the King Bows Out - What the 2026 FIFA Final Tells India About Sport, Ambition and the Price of Neglect
When the King Bows Out - What the 2026 FIFA Final Tells India About Sport, Ambition and the Price of Neglect
IAS Divya Mittal's New Book 'The Crafted Genius' Offers a Complete Blueprint to Crack UPSC Civil Services Exam
How IAS Divya Mittal's New Book 'The Crafted Genius' Offers a Complete Blueprint to Crack the UPSC Civil Services Exam
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Piyusha Jagtap
Pulkit Khare
Haryana Leads India's First AI-Powered Bird Census
ADVERTISEMENT
ADVERTISEMENT