Indian Hume Pipe Company Reports March Quarter Results; Recommends ₹5.80 Dividend per Share

Indian Hume Pipe Company Ltd has released its consolidated financial results for the quarter ended March 31, 2025, alongside a significant dividend recommendation, underscoring its commitment to shareholder returns.

 

Revenue from Operations:

The company reported consolidated revenue from operations of ₹3.92 billion for the March quarter, reflecting steady performance in its core infrastructure and pipe manufacturing segments.

 

Net Profit:

Indian Hume Pipe posted a consolidated net profit of ₹4.99 billion for the quarter. This figure appears unusually high relative to historical trends and quarterly revenues, suggesting it may include exceptional or one-off items; further details from the company’s disclosures are awaited for clarification.

 

Dividend Recommendation:

The Board of Directors has recommended a total dividend of ₹5.80 per share for the financial year, marking a notable increase compared to previous years and highlighting the company’s strong cash position and shareholder focus.

 

Dividend Yield and Track Record:

Indian Hume Pipe maintains a history of regular dividend payments, with a current yield around 0.4%. The proposed dividend further strengthens its reputation for consistent shareholder rewards.

 

Strategic Outlook:

The company continues to focus on executing large-scale water infrastructure projects across India, leveraging its technical expertise and robust order book to drive future growth.

 

Shareholder Information:

The recommended dividend is subject to approval at the upcoming Annual General Meeting. Key dates, including the ex-dividend date, will be announced in due course.

 

Indian Hume Pipe’s latest results and dividend proposal underscore its operational resilience and ongoing commitment to delivering value to its shareholders.

 

Source: Business Standard, Moneycontrol, ICICI Direct, Screener, BlinkX