Poly Medicure Limited Declares Final Dividend of Rs 2.5

Poly Medicure Limited Declares Final Dividend of Rs 2.5

The Board of Directors of Poly Medicure Limited (POLYMED) at its meeting held on May 24, 2021, has declared Final Dividend of Rs 2.5 per equity share.

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Poly Medicure Limited Q4 Result

The company’s consolidated net profit climbed 41.72% to Rs 135.87 crore on 14.4% increase in revenue from operations to Rs 786.46 crore in FY 2021 over FY 2020. Profit before tax jumped 79.33% to Rs 51.81 crore in Q4 FY21 as against Rs 28.89 crore in Q4 FY20.

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Poly Medicure Limited Dividend Record Date

The company has not fixed any record date or ex-dividend date as of now. We will update it here as soon as it is available.

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.

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Moreover, here is the copy of statement, the company has sent to the exchanges:

We are pleased to inform the Stock Exchange that the Board of Directors at their meeting held today has recommended Dividend of Rs. 2.5 (Two and half Rupees) per Equity Shares (50%) of Rs. 5 each for the Financial Year 2020-21, subject to the approval of shareholders.

Important Dates

  • Company – Poly Medicure Limited
  • Script Name – POLYMED (NSE) and 531768 (BSE)
  • Dividend Amount – 2.5 Rs Per Share
  • Dividend Type – Final
  • Ex-Dividend Date – NA
  • Record Date – NA
  • Payment Date – NA

Also, you can find more information about Poly Medicure Limited on National Stock Exchange and Moneycontrol – The company is in the process of setting up of the project for the manufacturing of disposable blood bags I V cannula Endotracheal Tubes cold Therapy pads and common disposables.

 

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