Balkrishna Industries Set Jan 30 As Record Date For Interim Dividend

The heavy equipment tyre manufacturer Balkrishna Industries has set Jan 30, 2025, as the record date for its interim dividend for FY25. On January 25, 2025, Balkrishna Industries declared its 3rd interim dividend of ₹4. The company further stated that the interim dividend be paid within 30 days of the date of declaration, i.e., January 25, 2025.

Balkrishna Industries Record Date: What This Means For Shareholders?

As Balkrishna Industries has set Jan 30 as the record date for its interim dividend, meaning that Jan 29, marks the last to buy Balkrishna Industries shares to become eligible for the interim dividend. Further, any shares bought on Jan 30 (record date), won’t be eligible for the interim dividend.

Balkrishna Industries Financial Resilience

Balkrishna Industries operates a resilient business model supported by gross Cash and Cash equivalents of Rs. 2,942 Cr as of December 31, 2024. The company is self-reliant in Carbon Black along with Multiple sourcing arrangements for other Raw Materials. Also, its diversified product portfolio, spread across Agriculture, Industrial, Construction, Earthmoving, Mining, Port, Lawn and Garden and ATV tyres helps the company to spread revenue stream. The company recorded a total achievable capacity of ~3,60,000 MT p.a

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities market are subject to market risks, read all the related documents carefully before investing.