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Thursday, February 13, 2025

Bharat Forge Dividend 2025: Record & Payment Date

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Bharat Forge Announces Dividend for 2025: Record Date and Payment Details

Bharat Forge, led by Baba Kalyani, has declared an interim dividend for its shareholders despite reporting a decline in net profit for the third quarter of FY25. The announcement was made following a board meeting on Wednesday, February 12.

Interim Dividend Details

The board has approved an interim dividend of Rs 2.5 per equity share, with a face value of Rs 2 each. This represents a dividend payout of 125%.

Key Dates

  • Record Date: February 18, 2025
  • Payment Date: On or before March 12, 2025

Understanding the Record Date

The record date is crucial as it determines which shareholders are eligible to receive the declared dividend. Only those shareholders whose names appear in the Company's Register of Members or in the records of the Depositories as beneficial owners of the shares on the record date (February 18, 2025) will be entitled to the dividend.

Bharat Forge Q3 Results (FY25)

While announcing the dividend, Bharat Forge also reported its Q3 financial performance:

  • Net Profit: A 16.38% year-on-year decline, at Rs 212.78 crore.
  • Revenue from Operations: Fell over 10% YoY to Rs 3,475.55 crore.
  • EBITDA: Dropped 5% YoY to Rs 637.8 crore.
  • EBITDA Margin: Stood at 18.4%.

Q3 Expenses

The company’s total expenses in the third quarter came in at Rs 3,165.37 crore, compared to Rs 3,529 crore in the year-ago period.

Despite the decline in net profit and revenue, Bharat Forge's decision to declare an interim dividend reflects its commitment to rewarding shareholders. The record date and payment date are key pieces of information for investors looking to benefit from this payout.

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