October 13, 2020 7:26 PM

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Bharat Dynamics Ltd pays final dividend of over Rs 35 cr to Govt

Bharat Dynamics Limited, BDL, a Hyderabad based Defence Public Sector Undertaking has paid final dividend of over 35 Crore rupees to Government of India.<br />''<br />''Chairman and Managing Director of BDL, Commodore Siddharth Mishra (Retd)  presented cheque for 35.018 Crore rupees, being the final dividend pertaining to Government of India shareholding in BDL, to Defence Minister Rajnath Singh in New Delhi today.<br />''<br />'' BDL has declared final dividend of 2.55 rupees per share of 10 rupees each for the financial year 2019-20. The final dividend declared by the Company works out to 25.5 per cent of the paid up share capital of 183.28 Crore rupees.<br />''<br />''Earlier, during March this year, an interim dividend of 6.25 rupees per share amounting to 100.518 Crore rupees was paid by BDL to the Government of India for the financial year 2019-20 towards Government of India's shareholding in BDL.  With this, the total dividend paid by BDL to Government of India for the financial year 2019-20 amounts to 135.536 Crore rupees.<br />''<br />''BDL achieved a sales turnover of 3,095.20 Crore rupees and Profit Before Tax of 742.45 Crore rupees for the year 2019-20.<br />''<span style="color: #222222;"><br />''Secretary, Department of Defence Production Raj Kumar and Joint Secretary (Aero) from Ministry of Defence Chandraker Bharti were present on the occasion.</span><br />

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