Sources of Interim Dividend

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Yes, you can generally pay an interim dividend from your accumulated profit and loss balance from the previous financial year, provided these profits haven't been transferred to reserves. Additionally, interim dividends can be funded by profits earned from the beginning of the current financial year up to the end of the quarter preceding the declaration date.

CMA Sagar Das

CMA Sagar Das (Querist)
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30 January 2023 Can we pay Interim Dividend in 2022-23 from Accumulated P&L Balance (Cr.) showing in the Statutory Audit report of 2021-22?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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31 January 2023 Interim Dividend can be declared out of profits from start of current year till end of quarter preceding the date of declaration and accumulated profits of previous financial year,

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CA. Chikkerur C R

CA. Chikkerur C R (Expert)
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31 January 2023 Can be given out of profit earned

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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31 January 2023 Yes, very well.......

Jatin Bajaj

Jatin Bajaj (Expert)
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09 February 2023 Interim dividend can be declared out of the profits of the current year till the end of quarter preceding the date of declaration and accumulated profit of previous financial years which are not transfered to reserves

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