Dividend stock: KSE Limited is going to give dividend gift to its shareholders. The company with agriculture and dairy business released strong results in the third quarter of FY25. Along with this, the company has declared an interim dividend of Rs 30 per equity share. Last Friday, the company’s shares saw a decline of 5.29 per cent and it closed at Rs 2129.75 on BSE. With this decline, the company’s market cap declined to Rs 681.52 crore. The stock of the stock is Rs 2,990 and the 52-wheel is Rs 1,550.
The Board of Directors of KSE Limited declared an interim dividend of ₹ 30 per equity share, which will be ₹ 9.60 crore. The record date for payment of dividend has been fixed on 18 February 2025. To be eligible for dividend, investors have to buy stock a day before the X-Dividend Date.
How to have quarterly results of KSE
In Q3Fy25, the company’s revenue increased by 1.46% on an annual basis (YOY) to ₹ 406 crore (Q3Fy24) to ₹ 411.93 crore (Q3Fy25). However, it fell by 0.5% on the quarterly base (QOQ), as the revenue in the last quarter was ₹ 414 crore.
On a quarterly basis, the company registered a decrease of 0.5 per cent in revenue from Rs 414 crore in the last quarter. During the same period, the company’s net profit increased by 1727 percent, which increased from Rs 1.15 crore to Rs 21.01 crore. On a quarterly basis, the same period saw an increase of 22.65 percent in net profit.
KSE business
KSE Limited, earlier known as Kerala Solvent Extractions Limited, is an Indian company headquartered in Irinjalakuda, Thrissur, Kerala. It was established in 1963 and initially focused on the solvent extraction process of extracting coconut oil from oil cakes.
Later, the company expanded its business and today it works mainly in three areas – animal feed, oil cake processing and dairy products. KSE Limited plays an important role in the Indian agriculture and dairy industry and is particularly strong presence in the South India market.
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