Big Financial News: AV Thomas FY24 Results and Exciting Dividend Announcement
AV Thomas has released its financial results for FY24, and there is plenty of good news for you!
Av Thomas's revenue has increased by 5.3%, from 1022 crore to 1079 crore. Additionally, their net profit has risen by 26.5%, from 50 crore to 64 crore. Consequently, their earnings per share have increased from 1083 to 1389.
Now for the good news. Av Thomas has announced a dividend of 350 per share, with an interim dividend of 150 already paid and the remaining 200 to be given as the final dividend. Another piece of good news is that the company's total assets have increased by 9.8%, reaching 433 crore. Total equity has also grown by 11.1%, mainly due to increased profits leading to higher retained earnings.
To invest in Av Thomas, call Planify @ 7065560002 and make your money fly.
About AV Thomas Unlisted Shares:
AV Thomas is a non-profit corporation with the main business being manufacturing, trading and exports. Consumer products, trading, logistics, exports, and services are the company's primary divisions. Arnakal, Manalaroo, Carady Goody, Pasuparai, Chulika, Katary, and Sutton are among the company's tea plantations. On these plantations, around 2000 hectares of high-quality leaf are grown. Perinad, Rajagiri, and Shaliacary are the group's rubber plantations, with over 1200 hectares of trees tapped and a BIS-certified factory. Kerala, Tamil Nadu, Andhra Pradesh, Karnataka, and Orissa are the states where the company operates. AVT (A. V. Thomas Collection) is a family-owned, professionally managed group of companies with headquarters in Chennai, India. It was formed in 1925 as a plantation concern.
AV Thomas Pre IPO Shares Research Report
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