NBCC (India) Ltd has revised the record date for its interim dividend. Initially set for February 14, 2025, the new date is now February 18, 2025. The decision to revise the record date comes ahead of the company’s Board Meeting on February 11, 2025, where the interim dividend will be considered and declared if approved.
Along with deciding on the interim dividend, NBCC’s Board will also review the unaudited financial results for the quarter and nine months that ended December 31, 2024, in its February 11 meeting. The company’s financial performance for the December quarter will be an important factor in the dividend announcement.
With the revised record date, shareholders now have until February 18, 2025, to be eligible for the interim dividend, subject to Board approval. The final decision will depend on the company’s financial standing, which will be disclosed in the upcoming results on February 11, 2025.
NBCC reported a profit of ₹122.12 crore in Q2 FY25, marking a 53.43% increase from the same period last year. The company’s total revenue for the quarter stood at ₹2,458.73 crore, reflecting a 14.67% rise compared to the previous quarter.
Operating income recorded 9.13% quarter-on-quarter growth and surged 241.55% year-over-year. However, EPS for Q2 dropped by 37.26% year-on-year, which could be a factor for investors to consider.
Following the announcement, as of 11:56 AM today, on February 4, 2025, NBCC (India) Ltd was trading at ₹92.49, up 1.91% for the day. The stock has recorded a -11.76% return in the past week and a -0.62% return over six months, though its year-to-date performance remains up at 64.64%.
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Published on: Feb 4, 2025, 2:29 PM IST
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