The rail freight wagons manufacturer, Jupiter Wagons, has set May 30, 2025, as the record date for its interim dividend for FY25. On May 26, 2025, Jupiter Wagons has declared an interim dividend of ₹1 per share. The company further stated that the interim dividend will be paid on or before June 24, 2025.
Jupiter Wagons said in an exchange filing, “Pursuant to Regulation 43 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Declared an Interim Dividend @ 10% i.e. ₹1.00 per equity share of ₹ 10/- each fully paid up for the Financial Year 2025-26. The payment thereof shall be made on or before 24th June 2025.”
As Jupiter Wagons has set May 30 as the record date for its interim dividend, meaning that May 29, marks the last day to buy Jupiter Wagons shares to become eligible for the interim dividend. Further, any shares bought on or after May 30 (record date), won't be eligible for the interim dividend due to the T+1 settlement rule.
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Commenting on the results, Mr. Vivek Lohia, Managing Director of Jupiter Wagons Ltd. said “FY 2024–25 has been a defining year for Jupiter Wagons, not only in terms of strong financial performance—with Income of over ₹4,000 Crore and PAT of ₹380 Crore rising by 15% YoY but also through strategic milestones that are shaping the future of Indian mobility. Our strong and consistent financial performance over the last three years reflects the robustness of our operating model and our commitment to delivering consistent value to stakeholders.”
He further added, “Business momentum from the Railway sector remains strong, with a substantial order for wheelsets from Braithwaite and a landmark ₹600 Crore order from Ambuja Cement and ACC reaffirming our leadership in freight solutions. We have secured brake business contracts valued at over ₹215 Crore—including ₹150 Crore for passenger brake systems and ₹65 Crore for brake discs.”
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Published on: May 29, 2025, 12:26 PM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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