Modison, LTM and Oberoi Realty announce dividends on October 16

what happened

Modison, LTM and Oberoi Realty announced cash payouts to shareholders on October 16, as the September quarter earnings season gets under way. All three have set October 23 as the record date, so only holders who own the shares before that day qualify for the payment.

Modison's board approved a dividend of Rs.4 per share on a face value of Re 1, which is 400% of the face value. The company's net profit for Q2FY27 rose to Rs.2,332.3 lakh from Rs.1,165.69 lakh a year earlier, while net revenue from operations reached Rs.27,902.59 lakh.

Oberoi Realty approved a second interim dividend for FY26-27 of Rs.2 per share, or 20% of the Rs.10 face value. Its net consolidated profit rose marginally to Rs.761.65 crore. LTM announced Rs.25 per share, or 2500% of its Re 1 face value, and its total income fell 6% to Rs.1,736.37 crore in the quarter. The details come from TradingView, citing Mint.

why it matters

For the broader market the news is mostly local, since payouts from smaller Indian companies rarely move the indices. For dividend-focused investors, the key date is October 23. The mixed revenue and profit trends across the companies show how uneven the earnings season is.

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