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
Indian Bank
Indian Bank Announces Resignation of Shareholder Director Pradeep Kumar Malhotra, Citing New Compliance Guidelines
DGP-IG Conference 2025
DGP-IG Conference 2025: Ghazipur Police Station Crowned Best in India; Pehergaon and Kavitla Police Stations Achieve Second and Third Ranks
Railtel
RailTel Appoints Sarika Aggarwal Synrem as Chief Vigilance Officer to Strengthen Governance and Compliance
WCL Vigilance Awareness Campaign 2025
WCL Concludes Vigilance Awareness Campaign 2025 Highlighting Ethics, Integrity, and Women Empowerment
Bank of India - BOI
Bank of India Shareholder Director Vishwanath V. Shenoy Demits Office After Completing Three-Year Term
IndianOil Partners with CIPET
IndianOil Partners with CIPET to Launch National Skill Development Programme for Plastic Processing Industry
UP CM Yogi Highlights
CM Yogi Adityanath Highlights Discipline and Youth Power at Diamond Jubilee & 19th National Jamboree of Bharat Scouts and Guides
President Murmu on inner peace
President Droupadi Murmu Calls Inner Peace the Foundation of Global Unity at Brahma Kumaris Event in Lucknow
ADVERTISEMENT
ADVERTISEMENT
Videos
Sanjay Shintre
How Investment Scams Target You: IPS Sanjay Shintre Explains
IPS Sanjay Shintre
Digital Arrest Fraud: Inside the Rising Cybercrime Targeting Elderly Victims in India
IPS Syed Waquar Raza
Escaped Narrowly In Naxal Ambush, Got Injured In Communal Riots, This IPS Officer Is Living Under Constant Fire
ADVERTISEMENT
UPSC Stories
IAS Smit Panchal
Meet IAS Smit Panchal a First-Generation Graduate Who Secured AIR 30
The inspiring UPSC journey of IAS Smit Panchal: from Gujarati-medium beginnings and financial hardship...
Devesh Sahu SGPSC 24
From Interview Rejections to Rank 1: How Devesh Kumar Sahu Topped CGPSC 2024 in His 4th Attempt (Exclusive)
From repeated interview failures to Rank 1, Devesh Kumar Sahu’s CGPSC 2024 journey shows how discipline,...
IPS Mohibullah Ansari
The Boy Who Was Told He Would Fail - Now a 2021-Batch IPS Officer
IPS Mohibullah Ansari’s life proves that success in UPSC doesn’t belong to “geniuses” — it belongs to...
Social Media
elephant rescue Karnataka
Heroic Karnataka Elephant Rescue: How a 28-Hour “Impossible Mission” Became a Triumph of Wildlife Care, IFS Parveen Kaswan Shares Video
A trapped elephant was rescued after 28 hours in Karnataka through a massive, expertly coordinated Forest...
IFS leaf-whistling viral video
IFS Officer Shares Video of Tiger Reserve Guide’s Leaf-Whistling Talent, Internet Tries to Guess the Tune
Jaldapara National Park Guide Shows Extraordinary Leaf-Whistling Skills, Goes Viral
Shalabh Sinha IPS Singing
Who is IPS Shalabh Sinha? The Bastar SP Whose Kishore Kumar Rendition Took Social Media by Storm
IPS officer Mr. Shalabh Sinha’s soulful performance of “Rimjhim Gire Sawan” at Dalpat Sagar goes viral,...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Indian Bank
Indian Bank Announces Resignation of Shareholder Director Pradeep Kumar Malhotra, Citing New Compliance Guidelines
DGP-IG Conference 2025
DGP-IG Conference 2025: Ghazipur Police Station Crowned Best in India; Pehergaon and Kavitla Police Stations Achieve Second and Third Ranks
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Sanjay Shintre
IPS Sanjay Shintre
IPS Syed Waquar Raza
ADVERTISEMENT
ADVERTISEMENT