Vedanta group firm Hindustan Zinc Ltd has announced that the board has approved the second interim dividend of Rs 19 per share for the current financial year amounting to Rs 8,028.11 crore.
"The board has considered and approved the second interim dividend of Rs 19 per equity share i.e. 950 percent on face value of Rs 2 per equity share for the financial year 2024-25 amounting to Rs 8,028.11 crore," Hindustan Zinc Ltd (HZL) said in a filing to BSE.
The company plans a special dividend payout of Rs 8,000 crore to its shareholders in FY25. For FY24, HZL paid a total dividend of Rs 5,493 crore, with the government receiving Rs 1,622 crore for its 29.5 percent stake in the company.
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In FY23, the company set a record by paying out a dividend of around Rs 32,000 crore, with the government receiving a substantial Rs 9,500 crore.
HZL has reported a 19.3 percent rise in consolidated net profit at Rs 2,345 crore for the June quarter FY25 due to higher EBITDA. The company had posted a net profit of Rs 1,964 crore for the year-ago period.
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