The company’s revenue from operations fell 3% to Rs 2.19 lakh crore for the fourth quarter, compared with Rs 2.26 lakh crore in the previous year’s quarter.
The Board has also recommended a final dividend of Rs 7 per share for 2023-24 which is 70% per equity share of face value of Rs 10 each.
The final dividend would be paid within 30 days from the date of declaration at the AGM. The record date for payment of the final dividend will intimated in due course.
On a sequential basis, net profit fell 40% from Rs 8,063 crore posted in the preceding September quarter. Revenues, meanwhile, dropped 1% quarter-on-quarter (QoQ).Other income during the quarter rose 1% YoY to Rs 1,657 crore for the quarter under review against Rs 1,638 crore in the last year period.The company reported EBITDA (earnings before interest, tax, depreciation, and amortisation) at Rs 10,435 crore for the fourth quarter, with margins at 5.3%.Other income during the quarter rose 1% YoY to Rs 1,657 crore for the quarter under review against Rs 1,638 crore in the last year period.
The company reported EBITDA (earnings before interest, tax, depreciation, and amortisation) at Rs 10,435 crore for the fourth quarter, with margins at 5.3%.
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