Trent Ltd. board on Tuesday permitted a dividend of Rs 5 per share for the monetary yr 2024-25. The proposal is topic to the approval of shareholders throughout the annual normal assembly, in keeping with an alternate submitting.
As soon as permitted, the corporate pays shareholders Rs 177.74 crore in dividends.
The corporate has 2.83 lakh retail traders holding nominal share capital as much as Rs 2 lakh proudly owning 13.42% fairness. They may get a dividend value Rs 23.85 crore.
Within the earlier fiscal, the Tata Group firm paid a Rs 3.2 per share dividend. In FY23, it paid Rs 2.2 per share.
In the meantime, Trent reported a 47% decline in standalone web revenue throughout the fourth quarter at Rs 349.92 crore.
Income rose 28.8% to Rs 4,106.10 crore.
On an operational foundation, Ebitda elevated 38% to Rs 656.39 crore versus Rs 477.27 crore within the year-ago interval. The margin expanded to 16% versus 15%.
. Learn extra on Earnings by Newsstate24 Revenue.
