DelhiDesk TVS Electronics, India’s leading manufacturer of electronic goods and warranty services, has set a record date for its recommended 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 forthcoming Annual General Meeting to be held on August 5, 2023. The company has reported a total income of Rs 85.11 crore in the financial year ending March 31, 2023, which is 4.22% lower than the previous year. The stock of TVS Electronics has given a return of 444% to its investors in the last 3 years, but it fell by 5% on Friday and closed at Rs 367 on the NSE.

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๐Ÿ‘‰ Small-Cap Electronics Company TVS Electronics sets record date for dividend
๐Ÿ‘‰ TVS Electronics is India’s leading manufacturer of electronic goods and warranty services
๐Ÿ‘‰ The stock has given a handsome return of 444% to investors in the last 3 years
๐Ÿ‘‰ TVS Electronics shares fell by 5% on Friday, closing at Rs 367 on the NSE
๐Ÿ‘‰ TVS Electronics has a market cap of Rs 685.87 crore
๐Ÿ‘‰ Board recommends final dividend of Rs 2 per equity share for FY23
๐Ÿ‘‰ Dividend will be paid within 30 days from approval of shareholders in AGM on August 5, 2023
๐Ÿ‘‰ Record date for dividend is July 29, 2023
๐Ÿ‘‰ Total income for FY23 is Rs 85.11 crore, a 4.22% decrease from FY22
๐Ÿ‘‰ Q4FY23 net profit is Rs 1.51 crore, a decline of 66.37% from Q4FY22
๐Ÿ‘‰ TVS Electronics has given 28% return to investors in the last 6 months
๐Ÿ‘‰ Shares have gained 25% so far this year and 64% in the last one year

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