Public sector enterprise MSTC has declared its third interim dividend forFY25. The company announced Rs 4.50 per share dividend. This essentially translates to a 45% payout on the face value of Rs 10 per equity share. The dividend will be paid within 30 days from the declaration date, according to the company’s exchange filing.
MSTC Dividend: When is the record date?
The Board of Directors has also set 2nd April 2025 as the record date, determining shareholder eligibility for receiving the interim dividend. Investors holding MSTC shares as of this date will be entitled to the payout.
“The Board has also fixed 2nd April, 2025 as the “record date” for the purpose of ascertaining the eligibility of shareholders for payment of such Interim Dividend,” said the company in the regulatory filing.
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Let’s take a look at three key takeaways before the record date approaches:
MSTC’s dividend track record
MSTC has been consistent in rewarding its shareholders with dividends. Earlier this year, in February 2025, the company declared a substantial second interim dividend of Rs 32 per share. Prior to that, MSTC distributed dividends multiple times in 2024 such as Rs 4 in November, Rs 5 in September, and Rs 5 in February.
Similarly, in 2023, shareholders received Rs 5.50 in November, Rs 3.20 in September, and Rs 6.30 in February.
MSTC’s Q3 earnings: A 506% profit surge
The government-owned e-commerce service provider reported a 506% year-on-year (YoY) jump in net profit for Q3FY25, reaching Rs 250.9 crore. This increase came against a net profit of Rs 41.4 crore in the same period of the previous fiscal year.
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Revenue from operations grew by 12.8% to Rs 81.1 crore, up from Rs 71.9 crore in the previous year’s corresponding quarter.
MSTC share price performance: A volatile ride
MSTC’s share price has seen notable fluctuations. In today’s trading session, the share price opened 2% higher, currently hovering around Rs 520.
However, the stock has dipped 2.5% over the last five trading sessions.
Looking at the broader trend, MSTC has gained 20% in the past month but remains under pressure in the long run. The stock has fallen 38% over the past year and declined 23% on a YTD basis.
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