Q2 Results: Tech Mahindra announces interim dividend of ₹12 per share, know record date
Tech Mahindra Limited announced an interim dividend of ₹12 per equity share of face value of ₹5 each on Wednesday. The company has fixed Thursday, November 2 as the record date for determining the members entitled to receive the interim dividend.
The interim dividend will be paid on Tuesday, November 21 to equity shareholders of the firm whose names are listed as beneficial owners of the shares as of Thursday, November 2, in the records of depositories or the company's register of members. “The board of directors of the company at its meeting held today declared interim dividend of Rs.
12/- per equity share of Rs. 5/- each i.e.
240% of the face value," the company said in its exchange filing. IT major Tech Mahindra reported a 61.1 per cent year-on-year (YoY) fall in Q2FY24 consolidated net profit at ₹505.3 crore.
In the same quarter last year, the company's net profit was ₹1,299.2 crore. Also Read: Tech Mahindra Q2 Results Live Updates: Net profit comes at ₹505.3 crore (more to come)"Exciting news! Mint is now on WhatsApp Channels
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