Abbott India shares are in the spotlight during Friday’s trading. The stock rose over 3% to hit an intraday high of ₹31,538.65. The previous closing price was ₹30,371.20, meaning the share price jumped ₹1,167 in one day.
This rise is linked to a recent announcement. On Thursday, the company shared its March quarter results. In it, Abbott India reported a 28% rise in quarterly profit.
Along with this, the company also declared its biggest-ever dividend. It announced a dividend of ₹475 per share for its shareholders.
What is the detail
The company said its Board has recommended a final dividend of ₹475 per equity share with a face value of ₹10 for the financial year ending March 31, 2025.
This dividend will be given only after shareholders approve it in the upcoming 81st Annual General Meeting. Abbott India has fixed July 25, 2025, as the record date to identify eligible shareholders. If approved, the dividend will be paid on or after August 18, 2025.
March quarter results
Abbott India has reported strong results for the March quarter. Net profit rose 27.9% year-on-year to ₹367 crore, supported by solid revenue growth and strong operating performance.
Revenue in Q4FY25 was ₹1,604.6 crore, an increase of 11.5% from ₹1,438.6 crore in the same quarter last year.
EBITDA jumped 30% year-on-year to ₹428.5 crore due to better cost control and higher sales. Operating margin also improved sharply to 26.7% from 22.9% a year earlier, showing the company’s stronger profitability.