Dividend announcements from Modison, LTM, and Oberoi Realty drive D-Street interest.
Context
What happened: Modison, LTM, and Oberoi Realty announced dividends on October 16, with October 23 fixed as the record date for all three.
Key numbers: Modison approved Rs 4 per share, Oberoi Realty Rs 2, LTM Rs 25. Modison Q2FY27 net profit Rs 2,332.3 lakhs versus Rs 1,165.69 lakhs a year ago; revenue Rs 27,902.59 lakhs versus Rs 14,516.21 lakhs.
Why it matters: The payouts came as the September quarter earnings season began. Modison's profit and revenue rose sharply, while Oberoi Realty's profit edged up and income declined.
What changed
Modison, LTM, and Oberoi Realty announced dividends on October 16, with October 23 fixed as the record date for all three.