Himalayan Distillery Limited to distribute final dividend from profits of 74/75 FY; net profit till third quarter stood at Rs.32.71 Crore

Himalayan Distillery Limited (HDL) has announced distribution of interim dividend for the shareholders out of the profits of last FY 74/75.

The BOD meeting held on 9th Jestha, 2076 has decided that the company will be distributing interim cash dividend of Rs.68.42 per share (including tax) for the shareholders out of the profits of the accumulated profits till the third quarter of FY 75/76.

Investors holding shares of the company till 17th Jestha, 2076 will be eligible to claim the dividend. The company may choose to refrain from giving dividend at the year end or may add dividend for the shareholders.

As of the end of third quarter, HDL had reported rise of 69.24% in the net profits compared to that of the corresponding quarter of the previous fiscal year. The net profits stood at Rs.32.71 Crore. It had reported total sales of Rs.1.72 Arba. Himalayan Distillery’s annualized EPS stands at Rs.113.10 while its quarter end P/E ratio stands at 11.93 times and its net worth per share stands at Rs.269.84.