Finolex Cables Ltd has set Sep 5, 2025, as the record date for its final dividend. The dividend will be paid on or before October 28, 2025.
Finolex Cables Ltd said in an exchange filing, “The Board of Directors at its meeting held on 28th May 2025 had recommended payment of dividend of 400 % (Rs. 8/- per equity share) for the financial year ended 31st March 2025 (2024-25), subject to the approval of the Members at the said AGM. The record date for determining the entitlement for receiving Dividend for the Financial Year 2024-25 is Friday, 5th September 2025.
The said dividend, if declared at the AGM, will be subject to deduction of tax at source as applicable and will be paid on or before 28th October 2025 to those Members whose names appear in the Register of Members as on the date of the AGM.”
As Finolex Cables has set Sep 5 as the record date for its final dividend, meaning that Sep 4, marks the last day to buy Finolex Cables shares to become eligible for the final dividend. Further, any shares bought on or after Sep 5 (record date), won't be eligible for the final dividend due to the T+1 settlement rule.
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For the quarter ended June 2025, Finolex Cables Ltd. reported revenues of ₹1,395.5 crore, reflecting a 13% year-on-year growth compared to ₹1,230.5 crore recorded in the corresponding quarter of FY 2024-25.
In volume terms, Electrical Wires grew by 6%, while Power Cables showed a significant surge of 96%. However, in the Communication Cables segment, volumes declined for both metal-based products and Optical Fiber Cables (OFC). The dip in OFC volumes was primarily due to delays in finalising agreements with customers. Additionally, unseasonal rains during the quarter adversely affected sales in the company’s new product categories.
Copper prices remained volatile throughout the quarter, prompting a price reduction in April. The adverse weather also led to a drop in demand for wires used in agricultural applications, thereby altering the overall product mix. This shift negatively impacted profit margins.
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Published on: Sep 4, 2025, 10:44 AM 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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