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
Anant-Swarup
Who Is Anant Swarup? Trade Expert and Former IRPS Officer Now Heads FICCI Secretariat
Rajasthan Food Safety Commission
Rajasthan’s Food Safety and Drug Control Dept Faces Leadership Gap; Junior IAS Handling Additional Charge
bpcl
BPCL Signs ₹4.45 Crore MoU for 1.7 MW Rooftop Solar Project at Shirdi to Promote Clean Energy
AVNL Indigenous Engine Plan
AVNL Partners with Dynatron Services to Expand Defence Exports Across Key Global Markets
DVC
DVC Contributes ₹50 Lakh to Palamu Tiger Conservation Foundation for Wildlife Protection in Jharkhand
powergrid
POWERGRID Wins Green World Award 2026 for Excellence in Climate Change and Sustainable Energy Initiatives
Rail Vikas NIgam Limited RVNL
RVNL Secures ₹967 Crore East Coast Railway EPC Project for Major Rail Line Expansion in Odisha
RailTel SD-WAN Order
RailTel Secures ₹100 Crore Konkan Division Order for Integrated IT System to Monitor Minor Minerals
ADVERTISEMENT
ADVERTISEMENT
Videos
IAS Saurabh Katiyar
How IAS Saurabh Katiyar is Making Government Offices Citizen-Friendly in Mumbai | Video Interview 
DM Motihari
How DM Saurabh Jorwal is Turning Motihari into Bihar’s Next Growth Hub
YV Jhala
Once in the race to become India’s national bird, today is on the brink of extinction
ADVERTISEMENT
UPSC Stories
WhatsApp Image 2026-04-16 at 2.22
A Son Who Carried His Family Through Crisis, Now Steps Into IPS with AIR 561
From working as a watchman and delivering tiffins to securing AIR 561, Gaikwad Bapusaheb Ratan’s journey...
Akash Jaggi
How Akash Jaggi Turned a Medical Background into a Mission for Public Service
Akash Jaggi, AIR 747, shares his journey from Jammu & Kashmir to UPSC success, overcoming CSAT struggles,...
Ajit Singh UPPSC
How Studying During Travel Helped Ajit Singh Crack UPPCS with Rank 39
Ajit Singh secured rank 39 in UPPSC 2024 while working full-time by using travel time for study. Learn...
CSR NEWS
ews
DVK Foundation Launches Scholarship Programme for EWS Students at BGIS Vrindavan
BGIS Vrindavan Partners with DVK Foundation for EWS Student Scholarships
ECIL
ECIL Completes CSR Project by Handing Over Retaining Wall at Rastriya Vidya Kendra, Telangana
ECIL Enhances Student Safety and School Infrastructure in Medchal-Malkajgiri District Through Corporate...
ntpc
NTPC WR-I Launches ₹7.64 Crore CSR Project to Renovate IPD Blocks at N.M. Wadia Hospital, Solapur
Renovation of Buildings A, B, and Annex to Strengthen Healthcare Infrastructure, Improve Patient Care,...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Anant-Swarup
Who Is Anant Swarup? Trade Expert and Former IRPS Officer Now Heads FICCI Secretariat
Rajasthan Food Safety Commission
Rajasthan’s Food Safety and Drug Control Dept Faces Leadership Gap; Junior IAS Handling Additional Charge
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
IAS Saurabh Katiyar
DM Motihari
YV Jhala
ADVERTISEMENT
ADVERTISEMENT