1000% Dividend: Godrej Consumer announces Rs 10 dividend alongwith Q4 results

The board of directors of Mumbai-based consumer products maker Godrej Consumer Products on Monday, May 6, recommended a final dividend of Rs 10 per equity share for FY24 with a face value of Rs 1, according to a stock market disclosure.

In a BSE disclosure, the company said, "Declared interim dividend @ Rs. 10/- per share (1000% on shares of face value of Re. 1/- each) for the financial year 2024-25. As intimated earlier the Record Date for ascertaining the names of the shareholders who will be entitled to receive the said dividend is Tuesday, May 14, 2024. The dividend will be paid on or before Wednesday, June 5, 2024.

Simultaneously, the company has also posted its financial results for the fourth quarter ended on March 31, 2024. 

Godrej Consumer Products' Q4 results

The consumer products manufacturing company reported a consolidated net loss of Rs 1,893.2 crore for the January-March period, as against a consolidated net profit of Rs 452.1 crore for the corresponding period a year ago. 

The FMCG major—whose popular brands include Cinthol, HIT, Good Knight and Ezee—registered revenue of Rs 3,385.6 crore for the March quarter, up 5.8 per cent on a year-on-year basis, according to a regulatory filing. 

Read more: Consolidated net loss at Rs 1,893 crore, revenue up almost 6%

Meanwhile, shares of Godrej Consumer closed at Rs 1,250.75 each, down 0.06 per cent on BSE today, May 6.