Vedant Fashions has announced a final dividend of ₹8 per share. The ex-date for this dividend is due tomorrow, August 28, 2025. The company's stock closed at ₹758.05 on Tuesday, declining by 2.70% compared to the previous day's close. This dividend comes as Vedant Fashions, a company with a market capitalization of Rs 18,417.36 Crore, navigates the current financial landscape. Investors will be closely watching the stock's performance in light of this corporate action.
Dividend Details
Particulars Details Dividend per share ₹8.00 Ex-Date August 28, 2025 Financial Performance
Vedant Fashions' financial performance reveals the following trends:
Quarterly Performance:
The company's revenue has fluctuated over the past few quarters. Revenue for Dec 2023 was ₹474.46 Cr, which decreased to ₹363.16 Cr by Mar 2024. It further declined to ₹239.82 Cr in Jun 2024, then slightly recovered to ₹267.95 Cr in Sep 2024, and rose again to ₹511.28 Cr in Dec 20024. The net profit followed a similar trend, starting at ₹157.71 Cr in Dec 2023, decreasing to ₹115.79 Cr in Mar 2024, then to ₹62.49 Cr in Jun 2024, followed by a slight increase to ₹66.90 Cr in Sep 2024, and a rebound to ₹157.98 Cr in Dec 2024. The EPS also moved in tandem with the net profit, starting at ₹6.50 in Dec 2023, decreasing to ₹4.77 by Mar 2024, further down to ₹2.57 by Jun 2024, slightly increasing to ₹2.75 in Sep 2024, and back to ₹6.50 in Dec 2024.
Yearly Performance:
The yearly revenue increased from ₹1,040.84 Cr in 2022 to ₹1,354.93 Cr in 2023 and slightly increased to ₹1,367.53 Cr in 2024. Net profit increased from ₹314.91 Cr in 2022 to ₹429.11 Cr in 2023 but decreased to ₹414.17 Cr in 2024. EPS increased from ₹12.90 in 2022 to ₹17.68 in 2023 but decreased to ₹17.06 in 2024. BVPS increased steadily from ₹44.61 in 2022 to ₹57.66 in 2023 and further to ₹65.96 in 2024. ROE increased from 29.08% in 2022 to 30.65% in 2023 and then decreased to 25.85% in 2024. The debt to equity ratio remained at 0.08 in 2022 and then dropped to 0.00 in both 2023 and 2024.
| Metric | 2022 | 2023 | 2024 |
|---|---|---|---|
| Revenue | ₹1,040.84 | ₹1,354.93 | ₹1,367.53 |
| Net Profit | ₹314.91 | ₹429.11 | ₹414.17 |
| EPS | ₹12.90 | ₹17.68 | ₹17.06 |
Historical Dividend Context
In Mar 2025, the dividend/share was ₹8.00. In Mar 2024, the dividend/share was ₹8.50. In Mar 2023, the dividend/share was ₹9.00. In Mar 2022, the dividend/share was ₹5.00.The dividend amounts have varied over the years, indicating changes in the company’s payout strategy.
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