Tamilnadu PetroProducts Limited — Board Meeting, 06-05-2025: Outcome of Board Meeting
06-05-2025 | 08:02 pm
06-05-2025 | 08:02 pm
Tamilnadu Petroproducts has announced a board meeting on which it approved the audited consolidated financial results for the quarter and year ended March 2025. The company posted consolidated revenue of ₹1,854.93 Cr with a net profit of ₹58.35 Cr, up from ₹50.06 Cr last year. An exceptional insurance claim of ₹26.05 Cr related to cyclone damage boosted results. The board proposed a 12% dividend (₹1.20 per share), awaiting shareholder approval. The company expects to renew the lease on its manufacturing land. Despite rising costs, power, fuel, and other expenses were well controlled.
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