This Shareholder to Receive Over Rs 11 Crore as MRF Declares Highest Ever Dividend – Know Who!

MRF announced a record high final dividend of Rs 229 per share (2,290 per cent) on a face value of Rs 10 each

MRF continues to hold the title of the highest-priced listed stock in the Indian stock market. On Wednesday, the company declared its financial results for the quarter and financial year ended March 2025. Alongside the results, MRF announced a record high final dividend of Rs 229 per share (2,290 per cent) on a face value of Rs 10 each. The dividend for the financial year 2024-25 is Rs 235/- (2,350 per cent) per share of Rs.10 each which includes two interim dividends of Rs.3/- each (30 per cent) per share already paid.

For the financial year ended March 2025, MRF reported a consolidated total income of Rs 28,561 crore, compared to Rs 25,486 crore in the previous year—registering a year-on-year growth of 12 per cent. The consolidated profit before tax stood at Rs 2,479 crore, as against Rs 2,787 crore in the previous financial year. Tax expenses for the year were Rs 610 crore, compared to Rs 706 crore in the previous year. After tax provisions, the consolidated net profit was Rs 1,869 crore, down from Rs 2,081 crore in the previous year. The decline in profit despite higher revenue was primarily due to an increase in input costs.

The announcement of the record final dividend is significant for shareholders. Among the notable beneficiaries is the Mowi Foundation, listed under public (non-institutional) shareholders in the 'Bodies Corporate' category. The foundation holds an 11.98 per cent stake in MRF, which translates to 5,07,984 shares. Based on the declared dividend, the total payout to Mowi Foundation is estimated at approximately Rs 11.63 crore.

MRF’s share price has surged over 25.5 per cent in the past month and has more than doubled in value over the last three years.

Disclaimer: The article is for informational purposes only and not investment advice.