Bajaj Electricals Declares ₹3 Dividend, Approves ₹5 Billion Borrowing, Reports Robust Q4 Results

Unknown Apr 02, 2026 2 Views

Bajaj Electricals Ltd. has announced a string of important announcements after its board meeting on May 12, 2025. The company has announced a final dividend, sanctioned a large borrowing plan, and posted its consolidated financial results for the fourth quarter.

Dividend Declaration

The Board of Directors has approved a final dividend of ₹3 per share for the financial year 2023-24.
The dividend record date is July 19, 2024, with payment on or after August 10, 2024.
This dividend is equivalent to a yield of around 1.3% on the basis of current market prices.

Fundraising Approval

Borrowing up to ₹5 billion (₹500 crore) for future business requirements has been approved by the board.
The money is anticipated to be raised by issuing securities on a private placement basis.

Q4 Financial Performance

Consolidated total revenue from operations during Q4 was ₹12.65 billion.
Consolidated net profit for the quarter was at ₹590.5 million.

Recent Performance and Shareholder Trends

The market capitalization of the company is around ₹6,112 crore, with the current share price being around ₹546.25.
62.72% of the company is with promoters, followed by mutual funds and retail investors with 15.79% and 13.69% respectively.

Summary

Bajaj Electricals continues to bless shareholders with regular dividends, proves financial frugality through its borrowing strategy, and has given consistent operational performance in the previous quarter.

Sources: BlinkX, EquityBulls, INDmoney Dividend Announcement

Stay Ahead – Explore Now! India-Nepal Collaboration Strengthens Education: New School Inaugurated in Udayapur