Some of India’s richest billionaires became richer in FY25 not through stock market rallies or IPO gains but through massive dividend payouts in cash. Ten of the country’s top promoter groups including Mukesh Ambani Gautam Adani Anil Agarwal and Shiv Nadar earned over Rs 40000 crore in dividends during the year. This year so far saw strong earnings and generous payout policies in multiple sectors like technology telecom metals and pharmaceuticals. Shiv Nadar HCL Tech Dividend  At the top of the dividend earnings chart is Shiv Nadar the founder of HCL Technologies who received Rs 9902 crore in dividend income in FY25. HCL declared a total dividend of Rs 16290 crore at Rs 60 per share and the Nadar family which has a 60.81 percent stake was the biggest beneficiary. With a net worth of $37.3 billion the 80-year-old philanthropist is India’s third richest person and 50th globally on the Bloomberg Billionaires Index. Anil Agarwal Vedanta Dividend  Close behind is Anil Agarwal whose family received Rs 9591 crore in dividend income from Vedanta. The company declared a total of Rs 17009 crore in dividends for the year. The Agarwal family holds a 56.38 percent stake in Vedanta through various unlisted entities.  Another notable name is M.A. Moopen promoter of Aster DM Healthcare who earned Rs 2469 crore from the company. With a 41.89 percent stake and a dividend of Rs 118 per share Aster emerged as one of the year’s most generous cash distributors in the healthcare sector. Mukesh Ambani Reliance & Azim Premji Wipro Dividend Azim Premji the founder of Wipro earned Rs 4570 crore in dividends in FY25. The Premji family owns 72.66 percent of Wipro which declared a dividend of Rs 6 per share. Meanwhile the Ambani family received Rs 3655 crore in dividends from Reliance Industries which declared a total dividend of Rs 7443 crore for FY25. The Ambani family holds a 50.11 percent stake in the company both directly and through unlisted entities with dividends paid at Rs 5.50 per share. Narayana Murthy Infosys Dividend The promoter group of Infosys which includes N.R. Narayana Murthy Nandan Nilekani S.D. Shibulal S. Gopalakrishnan and K. Dinesh collectively received Rs 2331 crore in dividend income. They jointly hold a 14.6 percent stake in Infosys which paid out Rs 17854 crore in total dividends at Rs 43 per share during the year. Sunil Bharti Mittal Airtel Dividend Sunil Bharti Mittal and his family who promote Bharti Airtel earned Rs 2357 crore in dividends as the telecom company paid Rs 16 per share. Pharma giant Sun Pharma paid Rs 3839 crore in dividends in FY25 from which promoter Dilip Shanghvi and his family received Rs 2091 crore thanks to their 54.48 percent holding. The Bajaj family received Rs 1645 crore in dividend earnings led by Bajaj Auto which offered one of the highest per-share payouts at Rs 210. The family also received dividends declared by other listed companies in the group like Bajaj Holdings & Investments Bajaj Finserv Bajaj Electricals Mukand and Bajaj Finance. Gautam Adani Family Dividend Gautam Adani and his family earned Rs 1460 crore in dividends from group companies with the largest chunk Rs 996 crore coming from Adani Ports and SEZ. The remainder came from other entities including Ambuja Cements Adani Enterprises Adani Total Gas and ACC.