The Board of Directors of Castrol India Limited (CASTROLIND) at its meeting held on February 01, 2021, has declared Final Dividend of Rs 3 per equity share. The Board Meeting commenced at 04:28 p.m. and concluded at 05.22 p.m
Castrol India Limited Quarterly Result
Castrol India reported -7.57% fall in total revenues for the Dec-20 quarter on consolidated basis at Rs 935.20 cr. The company took a hit on the pandemic related issues and external challenges during the fourth quarter. Quarterly Net Profit at Rs. 187.70 crore in December 2020 down 30.81% from Rs. 271.30 crore in December 2019. Castrol EPS has decreased to Rs. 1.90 in December 2020 from Rs. 2.74 in December 2019.
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Castrol India Limited Dividend Record Date
The company in its letter has informed the exchanges that it has fixed April 23, 2021 as the Record date. In addition, the declared dividend will be paid on or before 30 May 2021.
Moreover, to receive dividend, you must have shares in your demat account on record date. Hence, you should buy shares before ex-dividend date. Note – If you buy shares on ex-dividend date, you will not be eligible to receive dividend. Bookmark our website for latest and upcoming dividend announced by companies in 2021.
Above all, here is the copy of statement, the company has sent to the exchanges:
We are now pleased to inform the Exchanges about the below outcome of the aforesaid Board Meeting held today: Recommendation of final dividend of INR 3/‐ per equity share of INR 5/‐ each for the financial year ended 31 December 2020.
Important Dates
- Company – Castrol India Limited
- Script Name – CASTROLIND (NSE) and 500870 (BSE)
- Dividend Amount – 3 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – 22 April 2021
- Record Date – 23 April 2021
- Payment Date – On or before 30 May 2021
Also, you can find more information about Castrol India Limited on National Stock Exchange and Moneycontrol – Castrol India Limited is an automotive and industrial lubricant manufacturing company and owns around 20% market share in the overall Indian lubricant market.
