Bharat Electronics (BEL), a leading defence PSU, will be in focus today as the company is set to declare its interim dividend for FY25. On February 25, BEL announced that its board would meet on March 5 to discuss and approve the interim dividend.
Along with the dividend amount, the company is also expected to announce the record date today. This will be the first interim dividend for BEL in the financial year 2024-25.
BEL has consistently rewarded shareholders with dividends and bonus issues. As per BSE data, the company declared dividends 3 times in 2024. The last dividend was ₹0.80 per share in August 2024. Earlier in March and February 2024, BEL paid ₹0.70 per share each time. In 2023, the company had distributed a total dividend of ₹1.80 per share.
BEL reported strong earnings growth in Q3 FY25. The company posted a net profit of ₹1,316.06 crore, marking a 47.33% increase from ₹893.30 crore in the same period last year. Revenue from operations rose 37% year-on-year to ₹5,643 crore, compared to ₹4,120.10 crore in Q3 FY24.
In terms of operating profit, BEL’s EBITDA surged 57.5% to ₹1,653 crore from ₹1,072 crore year-on-year. The EBITDA margin expanded by 330 basis points to 28.7% YoY. At the end of December 2024, the company’s total order book stood at ₹71,100 crore.
Bharat Electronics Limited (BEL) is an Indian public sector company specialising in aerospace and defence electronics. Headquartered in Bangalore, it develops advanced electronic systems for ground and aerospace applications. BEL operates under the Ministry of Defence and is one of sixteen PSUs managed by the government.
As of March 5, 9:22 AM IST, Bharat Electronics share price is trading at ₹263.98, down ₹0.73 or 0.28% for the day. The stock opened at ₹265.00, reaching a high of ₹267.50 and a low of ₹264.00. Over the past 5 days, BEL has gained 2.76%, while it has declined 9.21% in the last 6 months. Over the past year, the stock has risen by 25.19%, and in the last 5 years, it has delivered an impressive return of 1,007.13%.
With strong financial performance and a history of rewarding shareholders, BEL remains a key player in the defence sector. Investors will closely watch today’s dividend announcement, which could influence the stock’s future movement.
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Published on: Mar 5, 2025, 9:32 AM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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