Latest news with #61stAnnualGeneralMeeting
Mint
6 days ago
- Business
- Mint
Maharatna PSU BHEL declares record date for final dividend. Details here
Maharatna PSU company Bharat Heavy Electricals (BHEL), on Thursday, announced a revised date for of the 61st Annual General Meeting of BHEL and the record date for final dividend for FY 2024-25. According to the exchange filing, the company has rescheduled the 61st AGM date to Tuesday, August 19, 2025. ' Further to our earlier communication dated 02.07.2025, it is informed that the ensuing 61st Annual General Meeting (AGM) of the Company has been rescheduled for Tuesday, 19th August, 2025 at 10 A.M. IST through Video Conferencing/ Other Audio-Visual Means,' the company said in an exchange filing. The company further informed that the record date for the determining shareholders eligibility for the payment of final dividend has also been rescheduled to August 1, 2025. ' The Company has fixed Friday, 1st August, 2025 as the 'Record Date' for the purpose of determining the eligibility of the members to receive final dividend of Rs. 0.50 per share (i.e. @ 25% on the paid up equity share capital) for the year 2024-25,' it added. If approved by the members at the 61st AGM, the dividend will be distributed within 30 days from the date of its declaration, i.e., by or before September 17, 2025. BHEL Q4 results FY25 highlights The company posted a consolidated net profit of ₹504.45 crore in the fourth quarter of FY25, an increase from ₹489.62 crore recorded in the corresponding period last year. Revenue grew to ₹9,142.64 crore compared to ₹8,416.84 crore year-on-year. For the entire fiscal year FY25, net profit more than doubled to ₹533.90 crore from ₹282.22 crore in FY24, while total income rose to ₹28,804.79 crore from ₹24,439.05 crore. Also Read | Nifty 50 Trading Strategy: Analysts recommend this options strategy As of March 31, 2025, BHEL's order book had reached ₹1,95,922 crore, with approximately 75 per cent coming from the power sector. A fresh order from Adani Power has now taken the total order book past the ₹2 lakh crore milestone. In FY25, the company reported its highest-ever annual order inflows of ₹92,534 crore, of which ₹81,349 crore came from the power segment. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
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Business Standard
20-06-2025
- Business
- Business Standard
BHEL share price pops 2% on fixing July 11 as record date for dividend
BHEL share price: Bharat Heavy Electricals Limited (BHEL) shares rose as much as 1.98 per cent to hit an intraday high of ₹251.95 per share on the last trading day of the week i.e Friday, June 20, 2025. Around 1:40 PM, BHEL shares were trading 0.79 per cent higher at ₹249 per share. In comparison, BSE Sensex was trading 1.08 per cent higher at 82,236.94 levels. CATCH STOCK MARKET UPDATES LIVE Why did BHEL share price rise in trade today? BHEL share price increased today after the company announced that it has fixed July 11, 2025 as the 'record date' for the purpose of determining the eligibility of the members to receive final dividend of Rs 0.50 per share for FY25. In an exchange filing, BHEL said, 'It is hereby informed that the Company has fixed Friday, July 11, 2025 as the 'Record Date' for the purpose of determining the eligibility of the members to receive final dividend of Rs 0.50 per share (i.e. at 25 per cent on the paid up equity share capital) for the year 2024-25.' Apart from that, the dividend, if approved by the members at the ensuing 61st Annual General Meeting, which is to be held on July 25, 2025, will be paid within 30 days from the date of declaration of dividend i.e. on or before August 23, 2025. BHEL Q4 results BHEL reported a 3 per cent year-on-year (Y-o-Y) increase in consolidated net profit to ₹504.45 crore for the March quarter of financial year 2025 (Q4FY25), driven by robust growth in its industry segment. The company had posted a net profit of ₹489.62 crore in the same quarter last year (Q4FY24). Total income for the quarter rose to ₹9,142.64 crore, up from ₹8,416.84 crore a year earlier. Revenue from the industry business jumped to ₹2,800.96 crore from ₹2,091.98 crore in the corresponding period. For the full fiscal year 2024–25 (FY25), BHEL's consolidated net profit surged to ₹533.90 crore from ₹282.22 crore in the previous year. Annual total income increased to ₹28,804.79 crore from ₹24,439.05 crore. About BHEL BHEL is among the leading power plant equipment manufacturers in the country. The company specialises in the design, engineering, manufacturing, installation, testing, commissioning, and servicing of a diverse array of products and services. BHEL caters to key sectors such as power, transmission, industry, transportation, renewable energy, oil & gas, and defence. As the premier engineering and manufacturing enterprise in the country, BHEL is owned and operated by the Government of India. The market capitalisation of the company is ₹86,703 crore, according to BSE. The company falls under BSE 200 index. The 52-week high of BHEL stock is ₹335.40 per share while its 52-week low is ₹176 apiece.
