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
CM Mamata Banerjee
Who Is Rajeev Kumar? Ex-IPS Officer and MP Appointed TMC Observer for Dumdum-Barrackpore Counting
Uttar Pradesh yogi
UP Govt Transfers 38 IAS Officers; 8 Districts Get New DMs, Ankit Khandelwal Appointed Sambhal DM
A&N Island
Andaman & Nicobar Creates History with Largest Indian Flag Unfurled Underwater
PR Society Delhi
PR Society Delhi Elects New Governing Board Unopposed for 2026–2028 Term on National PR Day
India-Cambodia Military Exercise CINBAX-II 2026
India-Cambodia Military Exercise CINBAX-II 2026 Begins: Indian Army Departs for Joint Training in Cambodia
Jammu&Kashmir
23 JKAS Officers Cleared for IAS Induction After Four-Year Gap; 3 Confirmed from Provisional List
Rajasthan-Police
Senior Rajasthan IPS Officer Booked in Rape Case After Woman’s Complaint in Jaipur
IAS Rinkoo Singh Rahee
IAS Officer Rinkoo Singh Rahee Still Awaiting Posting After Withdrawing Resignation, Raises Concern Over ‘Salary Without Work’
ADVERTISEMENT
ADVERTISEMENT
Videos
Punjab’s Welfare Push Backed by Surging Revenues Harpal Singh Cheema
Punjab’s Welfare Push Backed by Surging Revenues
vandana
IRS Vandana Sagar: From Academic Excellence to International Tax Leadership and a Champion’s Mindset
Pawan Sareen
Truth Behind India’s LPG Supply Strain Amid Rising Demand and Global Uncertainty 
ADVERTISEMENT
UPSC Stories
ashish
After Losing His Mother at 10, He Fought On to Fulfil Her Dream
Ashish Sharma’s UPSC journey is a powerful story of loss, persistence, and purpose, culminating in AIR...
Animesh Pradhan UPSC CSE 2025
How Animesh Mishra Cracked UPSC CSE 2025 with AIR 428: Prelims, Mains & Interview Strategy 
Animesh Mishra secured AIR 428 in UPSC CSE 2025 with a strategic and disciplined approach. Read his preparation...
Himanshu Tembhekar IDAS UPSC CSE
How to Crack UPSC in Marathi Medium: Himanshu Tembhekar’s Strategy, Challenges, and Success
Himanshu Tembhekar shares his UPSC strategy, challenges of Marathi medium, Prelims tips, and how he cleared...
CSR NEWS
school edcil
EdCIL Boosts Rural Education with New Classrooms and Sanitation Facilities in Varanasi School
Classroom & Sanitation Upgrade: EdCIL Strengthens Education Infrastructure in Varanasi
ntpc
₹7.19 Crore Healthcare Upgrade: NTPC Sipat Strengthens Bilaspur’s Medical Infrastructure
Big Boost to Healthcare: The initiative was highlighted during an event attended by Tokhan Sahu, Union...
ews
DVK Foundation Launches Scholarship Programme for EWS Students at BGIS Vrindavan
BGIS Vrindavan Partners with DVK Foundation for EWS Student Scholarships
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
CM Mamata Banerjee
Who Is Rajeev Kumar? Ex-IPS Officer and MP Appointed TMC Observer for Dumdum-Barrackpore Counting
ashish
After Losing His Mother at 10, He Fought On to Fulfil Her Dream
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Punjab’s Welfare Push Backed by Surging Revenues Harpal Singh Cheema
vandana
Pawan Sareen
ADVERTISEMENT
ADVERTISEMENT