Vedanta Approves Massive Dividend Payout for FY25 Amid Strong Financial Performance

Anil Agarwal-led Vedanta has approved its third dividend of Rs 20 per share for FY25, bringing the total dividend payout to Rs 13,474 crore so far. The company reported a 54% year-on-year growth in profit after tax for Q1. The total shareholder return over five years stands at 276%.

Anil Agarwal-led Vedanta has sanctioned its third dividend payout for the current financial year, adding Rs 20 per share and elevating the total dividend disbursement to an impressive Rs 13,474 crore for FY25.

The company's board had previously approved a second interim dividend of Rs 4 per equity share in July, amounting to Rs 1,564 crore, and a first interim dividend of Rs 11 per equity share in May, totaling Rs 4,089 crore, for FY25.

In terms of financial performance, Vedanta declared a year-on-year profit after tax rise of 54% in the first quarter, hitting Rs 5,095 crore and marking a five-year total shareholder return and dividend yield of 276% and 65%, respectively, as shown in their latest investor presentation.

(With inputs from agencies.)