Veedol Corporation Limited — Results, 05-02-2025: Integrated Filing- Financial
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.
