Following the small-cap company’s announcement of a dividend and the release of its impressive Q4 FY24-25 financial results, shares of BCL Industries Ltd. increased by more than 5% in early trading on Friday. At around 10:02 a.m., the company’s shares were up 5.54% from the previous day’s closing price, trading at Rs 41.27 on the NSE.
In contrast to the closing price of Rs 39.17 the day before, the scrip began at Rs 40.0 with a gap-up and increased to reach the high of Rs 42.30 in early trading today. Its low and 52-week values were Rs 34.50 and Rs 68.90, respectively.
One of the leading manufacturers of ethanol in the country, BCL Industries, has issued its quarterly results (Q4 FY2025). The BSE Smallcap business also recommended a dividend for shareholders in the Q4 results.
BCL Industries reported a 10% YoY rise in net profit to Rs 25.49 crore for the quarter ending in March 2025, compared to Rs 23.10 crore for the same period the previous year.
The company’s revenues in the reporting quarter climbed 21% YoY to Rs 722.77 crore from Rs 597.63 crore during the same three-month period of FY2024.
For the whole fiscal year (FY 2025), BCL Industries’ net profit climbed 5% to Rs 94.97 crore from Rs 90.30 crore in FY2025. Compared to the Rs 2129.19 crore registered in the previous fiscal year, the overall sales for the year were Rs 2815.14 crore, a 32% increase.
The board of BCL Industries recommended paying out an equity dividend of 26 paisa per share on the face value of Re 1 for the fiscal year that ended on March 31, 2025.
BCL Industries states that during the 49th annual general meeting, the members are required to announce the dividend payment. The dividend must be distributed to shareholders within 30 days of the announcement if it is made at the AGM.