Bhatia Communications & Retail (India)'s revenue grew by 7.98% to Rs 104.82 crore in Q1FY25 from Rs 97.07 crore in Q1FY24.

Bhatia Communication & Retail (India) shares will be in focus as the company has announced its first interim dividend. According to an exchange filing, the company has declared a dividend of 1 percent. “The board is pleased to recommend a 1% dividend. 0.01 per equity share for the financial year 2023-24. If approved by the members the dividend will be paid to the members within the time limit defined in the Companies Act, 2013,” the company said in an exchange filing.

“A person who purchased shares and became a member of the company after the notice of AGM and before the cut-off date i.e. 30 August, 2024 will be entitled to vote electronically. Means remote e-voting or e-voting during annual general

Meeting,” Bhatia Communication informed the market places. The company also said that the dividend will be paid to the shareholders within 30 days of the declaration, if declared at the upcoming AGM.
Meanwhile, the company's net profit rose 2.24% to Rs 3.65 crore for the quarter ended June 2024. It was Rs 3.57 crore in the quarter ended June 2023.

Bhatia Communications & Retail (India)'s revenue grew by 7.98% to Rs 104.82 crore in Q1FY25 from Rs 97.07 crore in Q1FY24. Meanwhile, the benchmark Sensex rose 1,330 points to close at a more than two-week high, while the Nifty gained 397 points to settle above 24,500 on buying in IT stocks and Reliance Industries and a rally in global equities.

The 30-share BSE Sensex jumped 1,330.96 points, or 1.68 percent, to settle at 80,436.84, marking its best one-day gain in more than two months. It gained 1,412.33 points, or 1.78 percent, to 80,518.21 during the day.

(Disclaimer: The information provided in this article is for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult a qualified financial advisor before making any investment decisions.)