Shares of Keystone Realtors might be in concentrate on Thursday as the corporate is planning to pay a remaining dividend for the monetary 12 months 2024-25 (FY25). The report date to find out eligible shareholders is about for Might 23.
Therefore, Thursday marks the final day to qualify for the potential dividend underneath the T+1 settlement cycle adopted by the Indian markets.
On Might 14, Keystone Realtors held a Board of Administrators assembly, throughout which it authorised the audited standalone and consolidated monetary outcomes for the 12 months ended March.
“The Board additionally really helpful a remaining dividend of Rs 1.50 per absolutely paid-up fairness share of Rs 10 every (15% of face worth), topic to shareholder approval on the upcoming AGM,” it stated in an change submitting after the assembly.
The report date for dividend eligibility is Might 23. Which means to be eligible for the dividend, one should purchase the shares at the very least one buying and selling day earlier than the report date. For the reason that report date is Friday, Might 23, the final day to purchase shares and nonetheless be eligible for the dividend is Thursday, Might 22.
This occurs as a result of Indian markets observe the T+1 settlement cycle. Below this, any shares purchased on the report date itself don’t qualify for the dividend payout. Because of this, solely shareholders who maintain shares by the shut of buying and selling on Thursday, Might 22, might be eligible for the payout.
Keystone Realtors Q4FY25 Outcomes:
In This fall FY25, Keystone Realtors reported income of Rs 585 crore in comparison with Rs 812 crore in This fall FY24. The corporate logged an Ebitda of Rs 107 crore with a margin of 16.7%. In This fall FY24, the Ebitda stood at Rs 68 crore with a margin of 8.1%. The corporate’s PAT stood at Rs 69 crore, greater than double that of This fall FY24.
For the quarter, the realm bought jumped 53% to 0.58 million sq. ft, in contrast with 0.38 million sq. ft in This fall FY24.
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