ITC Q3 result: FMCG giant declares interim dividend of ₹6.25 per share
ITC, on Monday, declared an interim dividend of ₹6.25 per ordinary share of ₹1, each for FY 23-24. The FMCG giant has fixed February 8 as the record date for the purpose of determining eligible shareholders for the dividend.
The announced dividend will be paid to the eligible shareholders between February 26 and February 28. “The Board at the meeting declared Interim Dividend of ₹6.25 per ordinary share of Rs1- each for the financial year ending on 31st March, 2024. Such Dividend will be paid between Monday, 26th February, 2024 and Wednesday, 28th February, 2024 to those Members entitled thereto. The board has fixed Thursday, 8th February, 2024 as the Record Date for the purpose of determining entitlement of the Members for such Interim Dividend,” said ITC in its stock exchange filing.
ITC reported a 6% rise in its consolidated net profit to ₹5,335 crore for the quarter ending in December. The conglomerate had reported a net profit of ₹5,006 crore reported in year-ago period.
During the quarter under review, ITC had reported a 2% annual rise in its revenue from operations to ₹19,484 crore. The company shares closed 1.20% lower at ₹450 per share on BSE on Monday.
(More to come)
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Published: 29 Jan 2024, 06:55 PM IST
