Tata Steel announces dividend of 360% for FY25, net profit at Rs 1,301 crore
Tata Steel Dividend: Tata group's firm steel producer, Tata Steel Ltd, on Monday announced a dividend of 360 per cent along with the fourth quarter earnings.
Tata Steel declares Rs 3.60/share dividend
The largecap company has declared a dividend of Rs 3.60 per share with a face value of Re 1, translating to 360 per cent.
"A dividend of Rs 3.60 per share with a face value Re 1 each to the shareholders of the company for FY2024-25," the company said in a regulatory filing.
Tata Steel Q4 Results
Mumbai-headquartered steel maker reported a net profit of Rs 1,301 crore for the quarter ended March 31, a jump of 112.9 per cent over its net profit for the corresponding period a year ago.
Tata Steel Stock Update
Earlier on Monday, Tata Steel shares ended at Rs 151.6, stronger by Rs 8.8, or 6.2 per cent, as per BSE data.
Tata Steel dividend history
Tata Steel has given out dividends 27 times since June 9, 2003.
Previous dividend details
In the last year, the steel giant firm paid Rs 3.60 as dividend for each share.