Ruchi Soya has made impressive profits in the quarter ended March 31. After this, it was announced by the company to give 250 percent dividend to the investors.
Dividend is given on the face value of the shares of any company. The face value of Ruchi Soya's share is Rs 2, at the rate of 250 per cent it is Rs 5.
This is the highest dividend paid by Ruchi Soya till date. Earlier in 2008, the company had announced to give 25% dividend.
Yoga guru Swami Ramdev had acquired Ruchi Soya in 2019 after going bankrupt.
In the financial year 2022, the revenue of Ruchi Soya has increased by Rs 24284.38 crore or 48.22 percent. A year ago this revenue was Rs 16382.97 crore.
There has been an increase of 5.95 percent in the income of Ruchi Soya in the March quarter as compared to a year ago.