GNA Axles shares skyrocket 19% after Q4 results; board recommends dividend – check payout, record date

The stock eventually settled at ₹374.80, up 15.15% on the BSE.

The company said, "The Board of Directors, while approving the annual accounts, has recommended a dividend of ₹3 per equity share on fully paid-up equity shares of the company. The payment of dividends is subject to approval by the members of the company in the next annual general meeting (AGM) and shall be paid/ dispatched within the prescribed timelines."

The company further said that the 32nd AGM will be held on June 30, 2025 (Monday) at 12:30 PM through audiovisual means. GNA Axles has fixed June 23, 2025, as the record date for the payment of a dividend of ₹3 per equity share for 4,29,30,800 equity shares.

GNA Axles reported a 52% jump in net profit at ₹25.45 crore against ₹16.74 crore logged in the year-ago period.

The company's revenue surged 1.8% to ₹377.5 crore from ₹371 crore in Q4 FY24.

Further, EBITDA, or earnings before interest, taxes, depreciation, and amortisation, increased by 40% to ₹50.3 crore as opposed to ₹36 crore in the corresponding quarter of the previous fiscal year. The company's margin stood at 13% vs 10% in Q4 FY4, per reports.

GNA Axles Limited is a manufacturer of automotive transmission components. The company manufactures auto components for the four-wheeler industry, the primary products being rear axles, shafts, spindles, and other automobile components for sale in domestic and foreign markets.

GNA Axles is the part of the BSE 200 universe.