BSE small cap company Vesuvius India Ltd today (Feb 26, 2025) declared 5.01% year-on-year (YoY) jump in its net profit for the quarter ended December 31, 2024 to Rs 59.93 crore as against Rs 57.07 crore reported in the corresponding quarter of last year. Vesuvius India share price on BSE stood at Rs 4045.20 per share (as on Feb 25, 2025. The company recommended highest ever dividend and approved stock split as well. The FII/FPI backed stock gained over 7% in last 1-week when Sensex slipped 1.80% and BSE Industrials index gained 2.21%.
The stock also outperformed market in last 1-year as well with the gain of 18.36%. During the same time, Sensex posted gain of 2.00% and BSE Industrials index fell 0.05%. The company has a market cap of Rs 8,210.17 crore and offers a return on equity (ROE) of 20.08%. Check more details below:
Vesuvius India Recommends Dividend
According to the exchange filing of Vesuvius India dated Feb 26, 2025, “recommended a dividend of Rs. 14.50 (Rupees Fourteen and Fifty Paise only) per equity share of Rs. 10/- each for the financial year ended December 31, 2024, subject to the approval of the shareholders at the ensuing Annual General Meeting.”
Vesuvius India Sets Record Date For Dividend
The exchange filing added, “fixed Thursday, May 1, 2025, as the Record Date for determining those members who shall be entitled to receive dividend. The dividend, if approved by the shareholders at the Annual General Meeting scheduled on Thursday, May 8, 2025, will be paid thereafter.”
Vesuvius India Approves Stock Split
The exchange filing added, “approved the proposal of the split/sub-division of existing Equity Shares of the Company from 1 (one) Equity Share having Face Value of Rs. 10/- (Rupees Ten) each, fully paid-up, into 10 (Ten) Equity Shares having Face Value of Re. 1/- (Rupee One) each, fully paid-up, subject to the approval of the shareholders of the Company at the ensuing Annual General Meeting.”
Vesuvius India Gives Intimation On Record Date For Stock Split
The regulatory filing added, “the Record Date for the split/sub-division of equity shares will be decided after obtaining shareholders’ approval and will be intimated in due course.”
Vesuvius India Financial Results
The company today reported its revenue from operations at Rs 507.49 crore for the December 2024 quarter as compared to Rs 413.15 crore reported in the similar quarter of last year. Total income of the company was reported at Rs 516.02 crore for the December 2024 quarter as against Rs 424.27 crore in the same quarter of last year.
Total expenses for the quarter under review stood at Rs 439.68 crore from Rs 347.81 crore announced in December 2023. The earning per share (EPS) for December 2024 stood at Rs 29.53 as against Rs 28.12 in December 2023.
Shareholding
FII/FPI increased holdings from 2.34% to 4.06% for December 2024 quarter. Number of FII/FPI investors decreased from 96 to 94 for December 2024 quarter. Mutual Funds have increased holdings from 20.43% to 20.46% for December 2024 quarter. Institutional Investors have increased holdings from 23.26% to 24.72% for December 2024 quarter, according to Trendlyne.
Disclaimer: The story highlights stock split, dividend, quarterly results, and should not be considered as investment advice by the Moneydaily.in or the Author. Moneydaily.in and the author will not be held responsible for any losses caused as a result of decisions based on the above information. Moneydaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.
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