Latest news with #IndiaMARTInterMESH
Economic Times
5 days ago
- Business
- Economic Times
IndiaMART InterMESH shares in focus on declaring Rs 50 dividend
IndiaMART InterMESH shares: The company has proposed a significant total dividend of ₹50 per equity share for the financial year 2024–25. IndiaMART InterMESH shares: In the past 12 months, data from Trendlyne indicates that IndiaMART declared a total equity dividend of ₹50 per share. With a market price of ₹2,490.50, this results in a dividend yield of 2.01%. Tired of too many ads? Remove Ads IndiaMART InterMESH technical placement Tired of too many ads? Remove Ads IndiaMart InterMESH share price history Shares of IndiaMART InterMESH are likely to be in focus on Tuesday, June 17, after the company proposed a substantial total dividend of Rs 50 per equity share for the fiscal year 2024-25 to its said payout includes a final dividend of Rs 30 per share and a special dividend of Rs 20 per share.'The following items as stated in the Notice of the AGM were considered at the AGM: To declare a final dividend of Rs. 30/- per equity share for FY 2024-25 and a special dividend of Rs. 20/- per equity share aggregating to total dividend of Rs. 50/- per equity share,' the company said in an exchange the last 12 months, Trendlyne data suggests that IndiaMART has announced a total equity dividend of Rs 50 per share. Based on a market price of Rs 2,490.50, this translates to a dividend yield of 2.01%.The shares of IndiaMART InterMESH are currently placed well above all their short-, medium-, and long-term exponential moving averages (EMAs), i.e., 10, 20, 50, 100, and 200 the RSI, the stock is placed near the 66.6 mark, which is a mid-range level. An RSI below 30 is considered oversold, and above 70 is considered the past year, IndiaMART InterMESH Ltd.'s stock has declined by 3.39%. However, the stock has shown positive momentum in recent periods, gaining 8.95% year-to-date, 4.79% over the last six months, 27.28% in the past three months, and 5.97% over the last 1 Monday, the shares of IndiaMart closed nearly 1% higher at Rs 2,489.95 on the BSE.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Time of India
5 days ago
- Business
- Time of India
IndiaMART InterMESH shares in focus on declaring Rs 50 dividend
Shares of IndiaMART InterMESH are likely to be in focus on Tuesday, June 17, after the company proposed a substantial total dividend of Rs 50 per equity share for the fiscal year 2024-25 to its shareholders. The said payout includes a final dividend of Rs 30 per share and a special dividend of Rs 20 per share. 'The following items as stated in the Notice of the AGM were considered at the AGM: To declare a final dividend of Rs. 30/- per equity share for FY 2024-25 and a special dividend of Rs. 20/- per equity share aggregating to total dividend of Rs. 50/- per equity share,' the company said in an exchange filing. Over the last 12 months, Trendlyne data suggests that IndiaMART has announced a total equity dividend of Rs 50 per share. Based on a market price of Rs 2,490.50, this translates to a dividend yield of 2.01%. IndiaMART InterMESH technical placement The shares of IndiaMART InterMESH are currently placed well above all their short-, medium-, and long-term exponential moving averages (EMAs), i.e., 10, 20, 50, 100, and 200 DEMA. On the RSI, the stock is placed near the 66.6 mark, which is a mid-range level. An RSI below 30 is considered oversold, and above 70 is considered overbought. Also read: Raamdeo Agrawal predicts 3 lakh Sensex target, multibagger strategy and 4 investment themes IndiaMart InterMESH share price history Over the past year, IndiaMART InterMESH Ltd.'s stock has declined by 3.39%. However, the stock has shown positive momentum in recent periods, gaining 8.95% year-to-date, 4.79% over the last six months, 27.28% in the past three months, and 5.97% over the last 1 month. On Monday, the shares of IndiaMart closed nearly 1% higher at Rs 2,489.95 on the BSE. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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Business Standard
30-05-2025
- Business
- Business Standard
Dividend stocks: TCS, L&T, 24 others to go ex-date next wk; do you own any?
Dividend stocks: Shares of Tata Motors, Tata Consultancy Services (TCS), Tata Steel, Larsen & Toubro (L&T), Container Corporation of India, Bank of Baroda, and 20 other companies are set to remain in focus next week — from Monday, June 2, 2025, to Friday, June 6, 2025 — following their announcements of dividend rewards for shareholders. Other notable names on the list include JSW Energy, Dr Lal PathLabs, L&T Technology Services, INOX India, HDFC Asset Management Company, Nuvama Wealth Management, Jindal Saw, Atishay, Sunshield Chemicals, Seshasayee Paper and Boards, Rallis India, East India Drums and Barrels Manufacturing, High Energy Batteries India, IFGL Refractories, IndiaMART InterMESH, Maithan Alloys, Nicco Parks & Resorts, QGO Finance, TAAL Enterprises, and Technocraft Industries (India). According to data available on the BSE, shares of these companies will trade ex-dividend during the next week. The ex-dividend date is when a stock begins trading without the entitlement to the declared dividend. To be eligible for the dividend, investors must hold the shares before this date. Companies, however, determine the final list of eligible shareholders based on their records on the record date. Among these, HDFC Asset Management Company has announced the highest dividend, with a final payout of ₹90 per share. The record date for this corporate action is Friday, June 6, 2025. This is followed by Nuvama Wealth Management, which has declared an interim dividend of ₹69 per share, with the record date set for Tuesday, June 3, 2025. Here's the complete list of stocks trading ex-dividend next week: Company Ex-date Purpose Record date Atishay June 3, 2025 Final Dividend - ₹1 June 3, 2025 Larsen & Toubro June 3, 2025 Final Dividend - ₹34 June 3, 2025 Nuvama Wealth Management June 3, 2025 Interim Dividend - ₹69 June 3, 2025 Sunshield Chemicals June 3, 2025 Final Dividend - ₹2.50 June 3, 2025 INOX India June 4, 2025 Final Dividend - ₹2 June 4, 2025 Seshasayee Paper and Boards June 4, 2025 Final Dividend - ₹2.50 June 4, 2025 Tata Motors June 4, 2025 Final Dividend - ₹6 June 4, 2025 Tata Consultancy Services June 4, 2025 Final Dividend - ₹30 June 4, 2025 Jindal Saw June 5, 2025 Final Dividend - ₹2 June 5, 2025 Rallis India June 5, 2025 Final Dividend - ₹2.50 June 5, 2025 Bank of Baroda June 6, 2025 Final Dividend - ₹8.35 June 6, 2025 Container Corporation of India June 6, 2025 Final Dividend - ₹2 June 6, 2025 East India Drums and Barrels Manufacturing June 6, 2025 Interim Dividend June 6, 2025 HDFC Asset Management Company June 6, 2025 Final Dividend - ₹90 June 6, 2025 High Energy Batteries India June 6, 2025 Final Dividend - ₹3 June 6, 2025 IFGL Refractories June 6, 2025 Final Dividend - ₹1 June 6, 2025 IndiaMART InterMESH June 6, 2025 Final Dividend - ₹30 June 6, 2025 IndiaMART InterMESH June 6, 2025 Special Dividend - ₹20 June 6, 2025 JSW Energy June 6, 2025 Final Dividend - ₹2 June 6, 2025 Dr Lal PathLabs June 6, 2025 Final Dividend - ₹6 June 6, 2025 L&T Technology Services June 6, 2025 Final Dividend - ₹38 June 6, 2025 Maithan Alloys June 6, 2025 Interim Dividend - ₹7 June 6, 2025 Nicco Parks & Resorts June 6, 2025 Interim Dividend - ₹0.40 June 6, 2025 QGO Finance June 6, 2025 Interim Dividend - ₹0.15 June 6, 2025 TAAL Enterprises June 6, 2025 Interim Dividend - ₹30 June 6, 2025 Tata Steel June 6, 2025 Final Dividend - ₹3.60 June 6, 2025 Technocraft Industries (India) June 6, 2025 Interim Dividend - ₹20 June 6, 2025
Time of India
30-04-2025
- Business
- Time of India
IndiaMART Q4 net profit rises 81% to Rs 181 crore; revenue grows 13%
New Delhi: IndiaMART InterMESH, on Tuesday, has reported a 13 per cent year-on-year growth in consolidated revenue from operations to Rs 355 crore for the quarter ended March 31, 2025 (Q4 FY25), driven by an improvement in realizations from paying suppliers. The company's net profit jumped 81 per cent to Rs 181 crore, with margins holding strong at 39 per cent, while consolidated EBITDA rose to Rs 131 crore, reflecting a 37 per cent margin for the quarter, according to a regulatory filing. The B2B marketplace also reported Rs 541 crore in customer collections, up 12 per cent YoY, and Rs 271 crore in cash flow from operations during the quarter. Deferred revenue stood at Rs 1,678 crore, a 17 per cent rise from the previous year, indicating strong future revenue visibility. The platform registered 27 million unique business enquiries in the quarter, a 10 per cent increase over the previous year. Supplier storefronts grew 6 per cent YoY to 8.4 million, while paying suppliers rose to 2.17 lakh, marking a net addition of 2,100 during the quarter. For the full fiscal year 2024–25, IndiaMART reported consolidated revenue from operations of Rs 1,388 crore, up 16 per cent YoY. Net profit stood at Rs 551 crore, a 65 per cent increase, while EBITDA rose 58 per cent to Rs 523 crore, with a margin of 38 per cent. The company's board has recommended a final dividend of Rs 30 per share and a special dividend of Rs 20 per share, aggregating to Rs 50 per share for FY25. Dinesh Agarwal, MD & CEO, IndiaMART, said, 'We are happy to close the financial year with continued growth in customers, revenue and cash flows while maintaining healthy margins in the business. Backed by a robust business model and a clear strategic vision, we are well positioned to capitalize on the rapid pace of digital adoption across the business landscape.'
Business Standard
30-04-2025
- Business
- Business Standard
IndiaMART InterMESH gains after Q4 PAT climbs 81% YoY to Rs 181 cr; declares dividend of Rs 30/ sh
IndiaMART InterMESH advanced 1.95% to Rs 2,376.50 after the company's consolidated net profit jumped 81.3% to Rs 180.60 crore on 12.8% increase in revenue from operations to Rs 355.10 crore in Q4 FY25 over Q4 FY24. The revenues includes IndiaMART Standalone Revenue of Rs 336 crore and Busy Infotech Revenue of Rs 18 crore, registering a growth of 12% and 28% respectively on YoY basis. Collections from customer grew by 12% to Rs 541 crore for the quarter, primarily comprising of standalone collections of Rs 506 crore representing YoY growth of 9% and Busy Infotech Collection of Rs 33 crore. Profit before tax in Q4 FY25 stood at Rs 218.10 crore, up by 56.8% from Rs 139.10 crore in Q4 FY24. EBITDA stood at Rs 131 crore in Q4 FY25, up 48% YoY. EBITDA margin for the quarter stood at 37%. Deferred Revenue as on March 31, 2025 increased to Rs 1,678 crore representing a YoY growth of 17%. This primarily includes IndiaMART standalone deferred revenue of Rs 1,600 crore and Busy Infotech Deferred Revenue of Rs 72 crore. IndiaMART registered Unique business enquiries of 27 million in Q4FY25; representing a YoY growth of 10%. Supplier Storefronts grew to 8.4 million, an increase of 6% YoY and paying suppliers at the end of the quarter were 217K, representing net addition of 2.1K. Cash flow from operations for the quarter was Rs 271 crore. Cash and investments balance stood at Rs 2,885 crore as on 31 March 2025. Dinesh Agarwal, chief executive officer, said, We are happy to close the financial year with continued growth in customers, revenue and cash flows while maintaining healthy margins in the business. We remain committed to delivering a high-quality and trusted user experience on our platform. Backed by a robust business model and a clear strategic vision, we are well positioned to capitalize on the rapid pace of digital adoption across the business landscape. With consistent profitability and strong cash flows, we are continually strengthening our value proposition for stakeholders while driving sustainable long-term growth. Meanwhile, the companys board final dividend of Rs 30 per equity share and a special dividend of Rs 20 per equity share for FY25. The board has fixed Friday, June 6, 2025 as the record date for the said dividend. The dividend will be paid within 30 days from the date of declaration and approval of final dividend by the shareholders of the company. IndiaMART is India's largest online B2B marketplace for business products and services. It makes easier to do business by connecting buyers and sellers across product categories and geographies in India through business enablement solutions.
