GOCL Corporation Limited — Board Meeting, 22-05-2025: Outcome of Board Meeting

GOCL Corporation Limited has announced a board meeting on the approval of the financial results for the quarter and half-year. Consolidated revenue stood at Rs. 554.65 Cr, down from Rs. 610.48 Cr last year. Profit before tax more than doubled to Rs. 132.52 Cr, supported by operational efficiency and exceptional gains. Net profit after tax surged to Rs. 167.21 Cr, over three times last year’s figure. The board approved a final dividend of Rs.10 per share (500%). The company is advancing its explosives business consolidation with plans to divest its subsidiary IDL Explosives Limited for Rs. 407 Cr, subject to approvals.