Abbott India Soars; Strong Q4 Results and Record Dividend Payout

Share Market Today

Abbott India shares rise 5% on robust Q4 performance.

Net profit increased by 26.5% in FY24.

Highest ever dividend payout of Rs 410 per share for FY24.

Abbott India Surges 5% on Q4 Success

Over five years, dividend per share (DPS) grew at 45% CAGR.

DPS outpaced profit growth, showing strong investor appeal.

Contrastingly, revenue growth remained around 10% over the same period.

Steady Growth in Dividend Payout

Company Details

Abbott India shares up 15% year-to-date.

Shares traded at Rs 26,419.20 on NSE as of May 10, 09:17 AM.

Investors attracted by strong Q4 performance and record dividend payout.

Investor Enthusiasm Drives Year-to-Date Surge

Q4 net profit rose 24% YoY to Rs 287 crore, surpassing expectations.

Improved operational performance with EBITDA margin expanding to 22.9%.

Revenue for the quarter increased by 7.1% YoY to Rs 1,439 crore.

 Healthy Q4 Earnings Impress Market

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