DelhiDesk TVS Electronics, India’s leading electronic goods manufacturer and warranty service provider, has set a record date for dividend payment. The board of directors recommended a final dividend of Rs 2 per equity share of face value of Rs 10 each for the financial year ending March 31, 2023. The dividend will be paid within 30 days from the date of approval of the shareholders in the Annual General Meeting to be held on August 5, 2023. The company’s shares fell by 5% on Friday and closed at Rs 367 on the NSE. TVS Electronics has a market cap of Rs 685.87 crore.
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👉 Small-Cap Electronics Company TVS Electronics
👉 Record date set for dividend
👉 Recommended final dividend of Rs 2 per equity share
👉 Financial year ending March 31, 2023
👉 Dividend to be paid within 30 days from date of approval
👉 Record date for dividend – July 29, 2023
👉 Total income of Rs 85.11 crore in FY23, 4.22% lower than FY22
👉 Net profit of Rs 1.51 crore in Q4FY23, decline of 66.37% from Q4FY22
👉 TVS Electronics shares down 5% on Friday, closed at Rs 367 on NSE
👉 Company has market cap of Rs 685.87 crore
👉 TVS Electronics given 28% return to investors in last 6 months
👉 Shares gained 25% so far this year, 64% in last one year
👉 TVS Electronics shares have given 444% return to investors in last 3 years
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