On Tuesday, April 22, the board of Tata Communications Ltd., part of the Tata Group, approved a final dividend of ₹25 per share for its shareholders. According to data from the Bombay Stock Exchange (BSE), this dividend payout is the highest approved by the company’s board in over 20 years.
In January 2002, Tata Communications paid an interim dividend of ₹75 per share to its shareholders, following a ₹50 per share payout in September 2001. In 2024, the company distributed a final dividend of ₹16.7 per share, after paying ₹21 per share in 2023, ₹20 per share in 2022, and ₹14 per share in 2021.
Following the substantial payout in 2002, Tata Communications did not issue dividends for the next 5 years but resumed doing so in 2007. Since 2011, the company has consistently paid annual dividends to its shareholders.
For the quarter ending in March, Tata Communications reported a 6.1% year-on-year increase in revenue, reaching ₹5,990.4 crore. The company’s EBITDA grew by 4.2% to ₹1,122.1 crore, while margins declined by 40 basis points to 18.7% compared to the previous year.
Also Read: Tata Communications Q4 FY25 Net Profit Soars 115% to ₹761 Crore
On April 23, 2025, Tata Communications’ shares opened at ₹1,685.00, and touched the day’s low of ₹1,578.40 at 12:45 PM
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Published on: Apr 23, 2025, 12:54 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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