India Glycols Limited — Board Meeting, 16-05-2025: Outcome of Board Meeting

India Glycols has announced a board meeting on the approval of audited financial results for the quarter and financial year ended March 31, 2025. Consolidated revenue jumped to ₹9,038.95 Cr from ₹7,921.54 Cr last year. Profit before tax rose to ₹292.32 Cr, with net profit at ₹230.92 Cr, driven by strong growth in Potable Spirits and Bio-based Specialities. The board proposed a ₹10 per share dividend. Strategically, the company will focus solely on demerging its Bio Pharma and Spirits & Biofuel businesses, dropping the earlier amalgamation plan, with an appointed date set for April 1, 2026.