Galaxy Surfactants Declares ₹18 Interim Dividend for FY25
Galaxy Surfactants Limited (BSE: 540935) has announced an interim dividend of ₹18 per share for the financial year 2025. The ex-dividend date is set for March 20, 2025, with the record date also on the same day. Eligible shareholders will receive the dividend payout on April 14, 2025. The company held a board meeting on February 10, 2025, to discuss financial results, followed by another meeting on March 15, 2025, where the dividend decision was finalized. Investors who hold shares before the ex-date will qualify for the dividend payout.
About Galaxy Surfactants
Galaxy Surfactants Limited is a leading Indian manufacturer of surfactants and specialty chemicals, supplying essential cosmetic ingredients to major FMCG brands worldwide. The company caters to diverse segments, including personal care and home care, by providing key raw materials used in skincare, haircare, and cleaning products.
December 2024 Quarter Earnings
Galaxy Surfactants reported a decline in financial performance for the December 2024 quarter compared to the previous quarter. Sales stood at ₹1,042 crore, down from ₹1,063 crore in September 2024. Operating profit also fell from ₹128 crore to ₹106 crore, while the operating profit margin (OPM) declined from 12% to 10%.
The company saw a drop in net profit, which fell from ₹85 crore in September to ₹65 crore in December, reflecting higher tax expenses and lower other income. The earnings per share (EPS) declined from ₹24 to ₹18, indicating weaker profitability. Despite these results, the stock price ended higher, closing at ₹2,111, up 2.64% for the day.
Stock Performance on March 18, 2025
Galaxy Surfactants witnessed a strong trading session, closing at ₹2,111, up ₹54.20 (2.64%). The stock opened at ₹2,057, reached a high of ₹2,119.35, and touched a low of ₹2,050 during the day. Compared to its previous close of ₹2,056.80, the stock gained strength and traded towards the upper range.
Despite a potential downside of 2.89%, the stock retained an upside of 0.40%, showing resilience and investor confidence. With an upcoming dividend and steady market performance, Galaxy Surfactants remains a key player in the specialty chemicals sector, attracting long-term investors.
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