ALPHA TRIBE

Veedol Corporation LimitedResults, 05-02-2025: Integrated Filing- Financial

05-02-2025 | 09:04 pm

Veedol Corporation Limited has announced a board meeting on February 5, 2025, providing financial results for the quarter and nine months ended December 31, 2024. The company reported total income of ₹408.92 crore for Q3 FY2025, up from ₹378.09 crore in the previous quarter, while profit for the period increased to ₹33.62 crore from ₹19.50 crore. Notably, the results include an exceptional item reflecting inventory losses due to a recent fire at a storage facility, valued at ₹6.56 crore. The board also declared a second interim dividend of ₹12 per share, indicating a positive outlook for shareholder returns. Despite minor impacts from the inventory loss, the results demonstrate resilience in operations, presenting potential for future growth.

No comments yet. Be the first to comment!

All announcements from Veedol Corporation Limited