Bharat Electronics Limited (BEL), the Navratna PSU, has announced an interim dividend of ₹1.5 per share for FY 2024-25. The announcement was made during the board meeting of the company today, March 5, 2025. This is the first interim dividend for BEL in FY25, higher than the last year's individual dividends. The robust financials of the company, with Q3 net profit growing 47.33% to ₹1,316.06 crore, must have played a role in making this decision. Shareholders can look forward to hearing more on the record date and payment schedule in the near future. The move is welcome news for investors, indicating BEL's intent to reward shareholders during its strong growth path in the defence electronics business.
Source: Bharat Electronics Limited (BEL) Board Meeting Outcome, March 5, 2025