Neogen Chemicals Limited — Dividend/Bonus, 17-05-2025: Dividend

Neogen Chemicals has announced a board meeting to approve the financial results for the quarter and half-year. The company posted a standalone net profit of Rs. 48.41 Cr and consolidated net profit of Rs. 34.83 Cr for the year, impacted by a fire at its Dahej plant causing exceptional losses. The Board approved a final dividend of Re. 1 per share for FY25, pending shareholder approval, offering steady income despite challenges. The subsidiary plans to form a wholly owned unit targeting lithium-ion battery materials, with potential JV opportunities in Japan.