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
Bihar Green Energy
Bihar Signs MoU with NEDFi for Water Hyacinth Craft Project to Boost Rural Employment and Sustainable MSMEs
West Bengal
West Bengal Gets ₹82,000 Crore Development Boost with New Infrastructure, Agriculture and Rural Growth Initiatives 
ntpc
NTPC Strengthens Goa Healthcare Services with 19 Emergency Medical Vehicles Under CSR Initiative 
WCL Maharashtra Police
WCL Signs Historic MoU with Maharashtra Police to Strengthen Security Training and Skills Development
REC CPRI
REC Signs MoU with CPRI to Strengthen Quality Assurance for Power Projects Under RDSS
RECPDCL
RECPDCL Signs MoA for 1 MW Solar Power Plant at Gandhigram Rural Institute to Boost Clean Energy Adoption
hemant cm
CM Hemant Soren Announces Major Higher Education Reforms, Focus on Online Classes and Technology Growth 
HPCL_logo_HIndustan Petroleum
HPCL Gets IND A1+ Credit Rating for ₹10,000 Crore Commercial Paper Programme, India Ratings Gives Stable Outlook
ADVERTISEMENT
ADVERTISEMENT
Videos
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
Divyanshu patel
How A Single-Minded Devotion of Divyanshu Patel Transformed Moradabad
ADVERTISEMENT
UPSC Stories
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...
bhoopendra
Bhoopendra Dhakad: Raised in a Farming Family, Educated at IIT, Chosen by UPSC
IIT Kanpur graduate Bhoopendra Dhakad secured UPSC CSE 2025 AIR 494 after four attempts, overcoming setbacks...
ChatGPTImageJul62026at03_08_06P-2
Balancing Job & Dreams: How Jasmeet Kaur Turned Her Father's Dream into Reality with Rank 1 in UK PCS-2024
Jasmeet Kaur secured Rank 1 in the UKPSC-2024 examination after balancing her duties as a District Social...
CSR NEWS
ntpc
NTPC Strengthens Goa Healthcare Services with 19 Emergency Medical Vehicles Under CSR Initiative 
The CSR initiative includes BLS, ALS and cardiac ambulances along with medicine vans to strengthen healthcare...
MCL
MCL Invests ₹375.87 Crore in Odisha CSR Projects to Drive Healthcare, Education and Community Growth
Coal India Subsidiary Focuses on Healthcare, Education, Livelihood Support and Sustainable Growth Through...
SECL Ke Sushrut Gazette Notification
SECL’s ‘SECL Ke Sushrut’ Becomes First Coal PSU CSR Scheme to Get Gazette Notification
Ministry of Coal enables Aadhaar authentication for SECL’s flagship NEET coaching initiative, enhancing...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Bihar Green Energy
Bihar Signs MoU with NEDFi for Water Hyacinth Craft Project to Boost Rural Employment and Sustainable MSMEs
West Bengal
West Bengal Gets ₹82,000 Crore Development Boost with New Infrastructure, Agriculture and Rural Growth Initiatives 
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Pulkit Khare
Haryana Leads India's First AI-Powered Bird Census
Divyanshu patel
ADVERTISEMENT
ADVERTISEMENT