Nestlé India Dividend: Company Announces Record Date - Details

Nestlé India Limited, a consumer food company that sells food, beverages, chocolate, and confectioneries.   has scheduled a Board of Directors meeting on January 31, 2025, to review and approve the unaudited financial results for the third quarter of the Financial Year 2024-25, which ended on December 31, 2024.

“Intimating that the unaudited financial results (standalone and consolidated) of the Company for the third quarter and nine months ended 31st December 2024 shall be considered by the Board of Directors of the Company at its meeting scheduled on Friday, 31st January 2025,” the company said in an exchange filing.

In addition to discussing the quarterly financial performance, the Board will consider declaring a second interim dividend for the current fiscal year. The company has set February 10, 2025, as the record date to determine shareholders' eligibility for this potential dividend.

“At the said Meeting, the Board of Directors will also consider declaration of second interim dividend for the Financial Year 2024-25,” the filing added.

Investors and market analysts are keenly awaiting the Nestlé India'Q3 results, as they will provide insights into the company's performance amid evolving market dynamics. The consideration of a second interim dividend underscores the company's commitment to delivering value to its shareholders, as per industry watchers

Nestlé India continues to be a significant player in the fast-moving consumer goods (FMCG) sector, and its upcoming financial disclosures are anticipated to influence market sentiment.