This TVS group firm declares a dividend of ₹59 per share
Wed, Jan 25, 2023 6:20 PM

This TVS group firm declares a dividend of ₹59 per share

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Sundaram Clayton Limited (SCL) is a subsidiary of the TVS group and a major provider of aluminium die castings in the automotive and non-automotive sectors. The company revealed its Q3FY23 earnings today, as well as a stunning 1180% dividend for FY23. The firm reported revenue from operations of 8,475.43 Cr in Q3FY23, up from 6,915.62 Cr in the previous quarter, representing a 22.55% YoY increase.

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