Purpose | Announcement Date | Ex-Date | Record Date | Dividend Amount | Dividend per Share | Remark |
---|---|---|---|---|---|---|
Dividend | 22 May 2024 | 9 Sep 2024 | 9 Sep 2024 | 2.5 | 25 | Final |
The Board of Directors at their meeting held today i.e., on May 22, 2024. Recommendation of final dividend of Rs. 2.50/- per equity share of Rs. 10/- each (at the rate of 25%) for financial year ended March 31, 2024. Intimation of Record Date for the purpose of Final Dividend for FY24 Record Date for the purpose of said Dividend is Monday, September 9, 2024. Dividend once approved by the Members in the ensuing AGM, shall be paid within 30 days from the date of such approval (As Per BSE Announcement dated on 22.08.2024) |
EBITDA grew 48% YoY at ₹210 crore, from ₹142 crore in the same quarter last year, marking better profitability.
EBITDA rose significantly to ₹235.7 Crore, a 54% increase from ₹153 Crore in the corresponding period of the previous year.
In September 2023, the pharmaceutical behemoth revealed OneSource. The stock exchanges approved the idea earlier this year, in May.
The medication is bioequivalent and therapeutically equivalent to Schering Corp's Reference Listed Drug (RLD), THEO-DUR.
The Alathur facility is key to Strides' global operations, especially in the US and other regulated markets, specializing in the production of tablets and capsules.
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