Graphite India Reports ₹500 Million Profit in March Quarter, Declares ₹11 Dividend

Graphite India Ltd has announced its financial results for the March quarter, reporting a consolidated net profit of ₹500 million. The company also recorded revenue from operations of ₹6.66 billion, reflecting steady business performance. In line with its commitment to shareholder returns, Graphite India has declared a dividend of ₹11 per share.  

Quarterly Financial Performance:  
- The company posted a consolidated net profit of ₹500 million, demonstrating stable earnings and operational efficiency.  
- Revenue from operations stood at ₹6.66 billion, indicating sustained market demand and business momentum.  
- The financial results highlight Graphite India’s ability to navigate industry challenges while maintaining profitability.  

Dividend Announcement and Market Outlook:  
- Graphite India has approved a dividend of ₹11 per share, reinforcing its commitment to rewarding shareholders.  
- The payout is expected to enhance investor confidence and strengthen market positioning.  
- Analysts view this move as a reflection of the company’s strong cash flow and financial stability.  

Sources: CNBC TV18, Moneycontrol, Economic Times

 

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