Samvardhana Motherson share price saw an upward movement today as investors awaited the company’s decision on an interim dividend for FY25. The stock opened at ₹129.99 on the NSE and quickly touched an intraday high of ₹131.37. The company has scheduled a board meeting on March 21, 2025, to discuss and approve the dividend proposal.
The company informed stock exchanges about its upcoming board meeting, stating, “A meeting of the Board of Directors is scheduled for Friday, March 21, 2025, to consider the declaration of an interim dividend for FY25.” If approved, this will be the first dividend declaration for the financial year.
Earlier, the company had traded ex-dividend on August 14, 2024, when it finalised the list of shareholders eligible for a final dividend of ₹0.80 per share.
In Q3FY25, the company reported a 7.66% increase in revenue year-on-year, reaching ₹27,665.92 crore. Its profit surged by 62.12%, totalling ₹878.63 crore. However, revenue declined slightly by 0.52% on a quarter-on-quarter basis, and profit dipped 0.13%.
Other key highlights:
With steady financial performance and a potential dividend announcement, investors are closely watching Samvardhana Motherson’s stock for further developments.
With robust financial performance and a potential dividend on the horizon, Samvardhana Motherson remains in focus. Investors await the board’s decision for further cues.
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Published on: Mar 21, 2025, 10:15 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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