Pharmaceutical company Sanofi India has offered a special one-time interim dividend of Rs 193 per equity share. The board of directors of the pharma major, in its meeting held on July 26, announced a one-time special dividend per share on the face value of each for the financial year ending December 31, 2022. Mint report good.
Earlier, the company announced that it has fixed August 8 as the record date for the purpose of payment of one-time special interim dividend. The Mint report, quoting the company’s filing, said the said dividend would be paid on or after August 22.
“The Board of Directors of the company in its meeting held today has declared a non-time special interim dividend of Rs 193 at Rs 10 per equity share for the financial year ending December 31, 2022,” the company said in a regulatory filing. Filing, report added.
On the BSE, Sanofi India was trading at Rs 6,365, down 3.54 per cent at 1:40 pm on Wednesday. The company’s market cap is currently around Rs 15,209.01 crore.
The firm had reported a net profit of Rs 120.4 crore in the April-June quarter. This was lower than the net profit of Rs 178.3 crore reported in the same quarter last year and lower than the Rs 238.4 crore reported in the previous quarter.
Revenue from operations of Sanofi India also declined from Rs 789.1 crore in the second quarter of 2021 to Rs 699.3 crore in the quarter ended June 2022. This was less than the Rs 707 crore revenue recorded in Q1 2022.
Sanofi India’s total income stood at Rs 715 crore in Q2 2022, compared to Rs 806.2 crore in Q2 2021 and Rs 731.4 crore in Q1 2022.
Sanofi India is one of the entities of the French pharmaceutical and healthcare multinational Sanofi. It manufactures and distributes a wide range of drugs for the treatment of diabetes, cardiology, thrombosis and diseases of the central nervous system.