Axtel Industries Boosts Shareholder Returns with Additional 6 Rupees Dividend
Axtel Industries Limited has announced a total dividend of 11.00 rupees per share (110%) for FY 2024-25, comprising an interim dividend of 5.00 rupees and an additional final dividend of 6.00 rupees. This increase comes despite a 53.90% year-on-year decrease in Q1 FY2025-26 Profit After Tax to ₹189.61 lacs. The company also reported a 39.10% decline in Q1 sales to ₹2,722.36 lacs. Additionally, the Board has recommended appointing M/s. Ruchita Patel & Associates as Secretarial Auditors for the next five years.
13May 25
Axtel Industries Reports Mixed Q4 Results with Revenue Decline and Profit Resilience
Axtel Industries' Q4 financial results show a 26.10% YoY revenue decline to ₹389.80 crore and a 41.45% drop in EBITDA to ₹45.20 crore. EBITDA margin contracted to 11.59% from 14.62%. Despite these challenges, net profit showed resilience with a modest 10.36% YoY decrease to ₹47.60 crore, and improved sequentially from ₹32.60 crore in the previous quarter.
15Mar 25
Axtel Industries Declares ₹5 Per Share Interim Dividend for FY 2024-25
Axtel Industries Limited has announced an interim dividend of ₹5 per equity share for FY 2024-25, representing a 50% dividend on the face value of ₹10 per share. The record date is set for March 20, 2025. The decision was made during a board meeting on March 15, 2025, in compliance with SEBI regulations.