Tata Consumer Products Dividend: Announced 825% dividend; check payment date
Tata Consumer Products – Tata Group's fast-moving consumer goods division, along with the company's fourth-quarter earnings, announced dividends for fiscal 2024-25.
“The board recommends that the dividend per fair share in fiscal 2024-25 be 8.25/ – 1 (825%). If shareholder approval is obtained at the subsequent 62nd annual general meeting, taxes will be deducted after June 21, 2025, and “the tax deduction will be done after June 21, 2025,” the company’s exchange said.
Therefore, in the fiscal year 2025, the company announced Rs 8.25 per share.
Tata consumer product Q4FY25 results.
In the March quarter report, the group's net profit was Rs 34.485 crore, while the total operating revenue during the review period was Rs 46,082 crore.
The company's operating revenue increased by 17% in the quarter (16% in the constant currency) compared to the corresponding quarter of the previous year.
Excluding acquisitions, the growth rate is 12% (11% for the constant currency), a basic growth rate of 13% by the Indian business, a 2% growth rate of 2% in the Lnternal business and a 2% growth rate of non-brand business.
Operational performance in India is affected by improved tea cost inflation in both international and non-brand businesses. Compared to the corresponding quarter of the previous year, the previous profit and tax of Rs 484 crore was 5% lower, due to the amortization expenses associated with the acquisition. It added that the group's merger net profit increased by 64% of Rs 349 crore.
