Dr. Reddy's Laboratories Announces Dividend with Q4 FY25 Results; Board Meeting Scheduled for May 9th. Investors Anticipate Cash Reward.
Dividend: Pharmaceutical giant Dr. Reddy's Laboratories Ltd. is set to announce a dividend alongside its upcoming quarterly results. The company's board meeting, scheduled for Friday, May 9th, 2025, will consider the audited standalone and consolidated financial results for the quarter and fiscal year ending March 31st, 2025.
The company disclosed this information in a regulatory filing on March 21st. This meeting will review the quarterly and annual financial performance, and discuss the final dividend payout.
Dr. Reddy's Stock Performance
Dr. Reddy's shares closed at ₹1,202.25 on Friday. The company has a total market capitalization of ₹1 lakh crore, and its dividend yield is 0.67%. However, the stock has not yielded any returns for investors over the past year.
Cash Reward for Investors with Q4 FY25 Results
The company plans to offer a cash reward to investors along with the results for the fourth quarter of fiscal year 2025. This announcement will be made during the upcoming earnings season. Several companies have begun sharing their quarterly earnings schedules, and Dr. Reddy's Laboratories is among the first to announce its Q4 FY25 results.
Dr. Reddy's Laboratories Dividend 2025
According to the company's filing, the final dividend may be recommended along with the fourth quarter results of fiscal year 2024-25. However, the exact dividend amount will be revealed only after the May 9th meeting.
Trading Window Closure
The trading window for transactions in the company's securities will remain closed from March 25th, 2025, to May 11th, 2025 (both days inclusive).
Previous Quarter Performance
Dr. Reddy's Laboratories recorded a 2% growth in the December quarter (Q3 FY25). During this period, the company's consolidated net profit was ₹1,413 crore, compared to ₹1,379 crore in the same quarter of the previous year.
Investors are keenly awaiting the board meeting on May 9th, 2025, where the announcement of the financial results and dividend is expected. A significant dividend announcement could potentially improve the stock's performance and present attractive opportunities for investors.
