Piramal Pharma Ltd Dividend 2024 : Should Piramal Pharma Ltd be a part of your dividend portfolio?
Piramal Pharma Ltd is one of the most popular Pharmaceuticals company in the world with a market capitalisation of ₹31,778.18Cr. Its share price is ₹239.30 as on 30 January,2025.The dividend is a percentage of earnings paid out to shareholders. Last year, Piramal Pharma Ltd gave ₹0.11 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Pharmaceuticals stocks do not always pay a dividend but as Piramal Pharma Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Piramal Pharma Ltd has declared dividend of ₹0.11 - translating a dividend yield of 0.05%.
Let's look at Piramal Pharma Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Piramal Pharma Ltd’s revenue were ₹2,233.40Cr in the quarter ending December 2024. The revenue grew by 9.8% year on year basis since last quarter.
Piramal Pharma Ltd’s profits were ₹3.68Cr in the quarter ending December 2024. The profits fell by -63.6% year on year basis since last quarter.
Piramal Pharma Ltd’s dividend was ₹0.11 in the quarter ending March 2024.