100% Dividend Declared: Specialty Chemicals Co Declares 3.92% Dip In Q2 Net Profit

Small cap company from the specialty chemicals industry, Bhansali Engineering Polymers Ltd (BEPL) today declared a decline of 3.92% decline in its consolidated net profit for the quarter ended September 30, 2024 to Rs 48.22 crore as against Rs 46.33 crore declared in the corresponding quarter of last year. The company also recommended 2nd interim dividend of Rs 1 (100%) per equity share for the financial year 2024-25. The company fixed October 31, 2024 as the record date for 2nd interim dividend. Last trading price of Bhansali Engineering Polymers shares on BSE is Rs 149.10 per share with decline of 3.56% in trade today. Its market capitalisation stood at Rs 3710.48 crore. Check details below:

Bhansali Engineering Polymers Recommends Interim Dividend: As per the exchange filing of Bhansali Engineering Polymers dated October 21, 2024, "declared 2nd Interim Dividend of Re.1/- (100 % ) per Equity Share (of the face value of Re. 1 each) for financial year 2024-25, subject to deduction of tax at source.

BEPL Sets Record Date For Interim Dividend: The exchange filing added, "fixed Thursday, 3 1st October, 2024 as the record date for determining entitlements of shareholders to receive the 2nd Interim Dividend for financial year 2024-25. The 2nd Interim Dividend will be paid on or before 08th November, 2024."

Bhansali Engineering Polymers Shares Performance: The 52-week high price of BEPL shares on BSE is Rs 177.00 per share (as on 04/09/2024) and 52-week low price is Rs 81.72 per share (13/03/2024). Bhansali Engineering Polymers shares fell over 4% in last 1-week, gained 43% in last 6-months, soared 59% in last 1-year, and jumped 109% in last 2-years.

Bhansali Engineering Polymers Q2 Results: The company declared its total consolidated income for September 2024 quarter at Rs 378.11 crore as against Rs 323.70 crore declared in the corresponding quarter of last year. The company announced its total consolidated expenses at Rs 316.28 crore as against Rs 259.21 crore announced in the similar quarter of last year. The company's EPS for September 2024 declared at Rs 1.86 from Rs 1.94.

Bhansali Engineering About: It has pioneered in manufacturing international quality acrylonitrile butadiene styrene (ABS). It was incorporated in 1984. Bhansali Engineering's products include ABS, Polycarbonate-ABS (PC-ABS), and Specialties. PC-ABS blends of Bhansali Engineering are used in automotive and electronic applications.

Disclaimer: The stock highlights the dividend, Q2 and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.