Pix Transmissions Surprises with Generous ₹9 Final Dividend for FY25

Pix Transmissions Ltd, a leading manufacturer in the power transmission and rubber products sector, has made headlines by recommending a final dividend of ₹9 per share for the financial year 2024-25. This move underscores the company’s robust financial health and its commitment to rewarding shareholders.

 

Key Highlights:

 

Dividend Boost: The Board of Directors recommended a final dividend of ₹9 per equity share, marking a significant increase compared to previous years, where the company declared ₹7 per share for FY24 and ₹6 per share for both FY23 and FY22. This reflects Pix Transmissions’ strong cash position and consistent profit growth.

 

Board Approval: The dividend recommendation was made during the board meeting held on May 23, 2025, which also saw the approval of the company’s audited financial results for the quarter and year ended March 2025.

 

Shareholder Value: With a history of increasing dividend payouts and maintaining a nearly debt-free balance sheet, Pix Transmissions continues to deliver value to its investors. The company’s dividend yield remains attractive, especially in the current market environment.

 

Market Performance: As of May 23, 2025, Pix Transmissions’ stock traded at ₹1,731.80, reflecting strong investor confidence and a positive outlook for the company’s future growth trajectory.

 

Pix Transmissions’ latest dividend announcement not only rewards its loyal shareholders but also signals management’s optimism about sustained business momentum in the coming year.

 

Sources: Moneycontrol, Economic Times, BlinkX