The Board of Directors of Page Industries has declared the fourth Interim Dividend of Rs. 70/- per equity share in the meeting held on 26th May, 2022. The record date for interim dividend payment is June 3, 2022, and the stock will trade ex-dividend on June 2, 2022.
The Company has informed BSE saying that “The Board of Directors of the Company in its meeting held today (i.e., 26 May 2022) has declared the Fourth Interim Dividend 2021-22 of Rs. 70/- per Equity Share. As per As stated earlier, the record date set for payment of interim dividend is 3rd June 2022. The scheduled date for payment of dividend is on or before 24th June 2022.
Page Industries Ltd. has reported a net profit of 190.52 crore for the quarter ended March 31, 2022, 64.86 percent higher than the previous year’s net profit 115.56 crores. Revenue from operations grew 26.15 percent during the quarter 1,111.11 crore, as compared to 880.76 crore in the previous quarter. The company’s total expenses for the quarter ended March 31, 2022 reached 870.04 crore, up 18.58 percent from 733.69 crore in the year-ago period. Company’s net profit up 57.53 percent for the financial year ended March 2022 536.53 crore, up from 340.58 crore in the last financial year. Company’s revenue from operations 3,886.46 crore, up 37.18 percent from 2,832.96 crore last year.
compared to the previous ending of 44,442.15, the stock is currently trading at a market price of 44,912 with a gain of 1.06 percent. The stock has gained 6.90 per cent in the last five trading days, and is up 9.73 per cent so far in 2022 on a year-to-date (YTD) basis. On NSE, stock reaches 52-week high 52-week low of 46,737.70 and on April 26, 2022 29,119.95 as on June 30, 2021, which means the stock is now trading 3.90 percent near its 52-week high and 54 percent above its 52-week low.