Rs 60/Sh Dividend Declared: Maharashtra Scooters Shares Rally

Maharashtra Scooters share price today recorded rally of 1.53% to Rs 11610.00 per share on Bombay Stock Exchange (BSE) at the time of writing the story. The Board of Directors of the company today recommended final dividend of Rs 30 per share or 300% of the face value of Rs 10 each and special dividend of Rs 30 per share or 300% of the FV of Rs 10/- each for the financial year ended March 31, 2025. The company fixed June 27, 2025 as the record date for dividend. Meanwhile, the company has a market capitalisation of Rs 13,244.57 crore and return on equity (ROE) at 0.53%. The stock offered returns of 19.97% year-to-date. Check more details below:

Maharashtra Scooters Ltd Recommends Dividend

According to the exchange filing of Maharashtra Scooters Ltd dated April 23, 2025, “Kindly further note that final dividend of Rs. 30 per share (300%) of face value of Rs. 10 and a special dividend of Rs. 30 per share (300%) of face value of Rs. 10 on equity shares of the Company have been recommended by the Board of Directors today for the financial year ended 31 March 2025. The said dividend, if declared by the shareholders at the ensuing Annual General Meeting, will be credited / dispatched on or around 27 July 2025 and/or 28 July 2025.”

Rs 60/Sh Dividend Declared: Maharashtra Scooters Shares Rally As Net Profit Jumps

Maharashtra Scooters Sets Record Date For Dividend

The regulatory filing of the company added that the record date for the purpose of deciding members eligible for dividend income for the FY ended March 31, 2025 has been set as June 27, 2025.

Maharashtra Scooters Sets Record Date For Annual General Meeting

The Annual General Meeting of the Company will take place on Wednesday, July 23, 2025.

Maharashtra Scooters Declares Financial Results

The company for Q4FY25 announced its net profit at Rs 51.63 crore, up 51530% as against the net profit of Rs 0.10 crore declared in the corresponding quarter of last year. The firm declared its total revenue from operations for quarter ended March 31, 2025 at Rs 6.65 crore as compared to Rs 5.18 crore reported in the similar quarter of last year. Total income for the quarter under review stood at Rs 6.75 crore from Rs 5.28 crore reported for the similar quarter of last year. Total expenses for March 2025 quarter announced at 2.38 crore as against Rs 5.01 crore declared in March 2024 quarter.

Maharashtra Scooters Shares Performance

The 52-week high price of Maharashtra Scooters is Rs 12,847.45 per share (as on 22/10/2024) and 52-week low price is Rs 7,310.35 per share (as on 05/06/2024), respectively. Maharashtra Scooters shares rallied 23.62% in last 3-months, surged over 46% in last 1-year, and offered triple digit returns of 154.48% in last 2-years. The scrip gained 465.59% in last 5-years.

Maharashtra Scooters’ Shareholding

FII/FPI’s stake zoomed from 4.89% to 4.90% for March 2025 quarter. Number of FII/FPI investors zoomed from 95 to 100 for March 2025 quarter. General Insurance Corporation Of India stood at 1.47% with 167,504 share of the company.

Maharashtra Scooters Dividend History

It recommended a total of 26 dividends since 2002. In last 1-year, Maharashtra Scooters declared an equity dividend of Rs 170.00 per share. It offers a dividend yield of 1.46%, according to Trendlyne.

Maharashtra Scooters About

Maharashtra Scooters Limited is a subsidiary of Bajaj Holdings and Investment Limited and is listed on BSE Limited and National Stock Exchange of India Limited. MSL continues to be a Core Investment Company (‘CIC’), not requiring registration with RBI. As a CIC, a minimum of 90% of its assets stand invested in the Bajaj group and the balance representing accumulated surpluses is invested in debt and other instruments with the sole objective of earning a reasonable rate of return whilst protecting the principal, according to its official website.

Disclaimer: The story highlights 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.