Kothari Petrochemicals Limited — Others, 11-07-2025: Shareholders meeting

Kothari Petrochemicals Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company reported total revenue from operations of ₹577.34 Cr for FY 2024-25, slightly down from ₹595.91 Cr the previous year, mainly due to lower sales volume of Poly Iso Butylene (PIB). Profit after tax rose to ₹65.82 Cr from ₹63.78 Cr, aided by a shift to a concessional tax regime. Production was 37,995 MT, achieving 87.6% of target, impacted by raw material supply disruptions and quality issues. The company acquired land in Nellore for ₹72.72 Cr to support future expansion. Energy-saving initiatives yielded cost savings of around ₹0.35 Cr. The plant maintained strong safety records and environmental compliance, with ongoing digitalization and automation efforts. The Board proposes no dividend for FY 2024-25 to conserve resources for growth. Independent Directors Mr. Brij Mohan Bansal and Mr. Gautam Roy are recommended for reappointment for five years. Mrs. Nina B. Kothari, Non-Executive Chairperson, is proposed to receive a commission of 1% of net profits, subject to a minimum of ₹5 Cr for FY 2025-26. The company continues to maintain robust governance, risk management, and compliance systems with no material regulatory issues.