Bharat Seats Limited’s shares gained attention during Wednesday’s trading session. On May 7, the stock surged by 20%, reaching ₹90.60.
This increase in share price follows strong results for the March quarter. Bharat Seats reported a 42.5% rise in profit to ₹11.4 crore, up from ₹8 crore in the same quarter last year.
Revenue also saw significant growth, rising by 41.4% year-on-year to ₹393 crore, compared to ₹278 crore a year ago.
EBITDA (earnings before interest, tax, depreciation, and amortization) stood at ₹23 crore, marking a 34% increase from ₹17 crore last year.
However, the EBITDA margin slightly declined by 30 basis points, from 6.1% to 5.8%, compared to the same quarter last year.
Dividend Announcement
Bharat Seats has proposed a dividend of ₹1.10 per equity share of ₹2 face value for the financial year ending March 31, 2025.
The dividend will be paid within 30 days of shareholder approval.
As of March 31, 2025, Maruti Suzuki India Limited holds a 14.81% stake in Bharat Seats, which equals 93,00,000 shares, making Maruti a promoter of the company.
Suzuki Motor Corporation also holds a 14.81% stake. Following the results, Bharat Seats’ shares were once again locked in a 20% upper circuit at ₹90.39.
