Schaeffler India announces Rs 35/share dividend. Check payment date, dividend yield
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The dividend was announced after market hours today along with the company’s Q4 (October-December) earnings.
The Indian arm of Germany’s Schaeffler AG Group reported a 36% growth in its December quarter consolidated net profit at Rs 322 crore versus Rs 237 crore reported in the year ago period. The profit after tax (PAT) increased 11% sequentially versus Rs 289 crore posted by the company in Q3FY25.
The revenue from operations stood at Rs 2,724 crore, rising 28% over Rs 2,136 crore in the corresponding quarter of the last financial year. The topline grew 12% quarter-on-quarter compared to Rs 2,435 crore in Q3FY25.
On a standalone basis, revenue for the quarter Q4FY25 was Rs 2,643 crore, up 27% YoY and 12% QoQ.
PBT (before exceptional items) for the quarter Q4FY25 was Rs 445 crore, 31.5% higher than the corresponding quarter of 2024. PBT margin for the quarter stood at 16.9% (the impact of the new labour code was -0.8%) compared to 16.3% during the corresponding quarter of 2024 and 17.5% during the preceding quarter.
The net profit for the quarter was Rs 328 crore, and the net profit margin stood at 12.4%.
Dividend yield
The stock has delivered returns of 28% in the past 12 months, outperforming Nifty and the BSE Sensex, whose returns stand at 11% and 9%, respectively in the same period.
Schaeffler has declared 24 dividends since March 27, 2003 according to Trendlyne data. In the past 12 months, Schaeffler has declared an equity dividend amounting to Rs 28 per share. At the current share price of Rs 4084, Schaeffler’s dividend yield is 0.69%.
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