Veedol Corporation Limited — Others, 01-08-2025: Shareholders meeting
01-08-2025 | 05:39 pm
01-08-2025 | 05:39 pm
Veedol Corporation has released its Annual Report for FY25. The company delivered a resilient financial performance, increasing standalone profit before tax to ₹141 crore and profit after tax to ₹127 crore. Consolidated figures also showed growth in profits and turnover. A one-time fire incident resulted in a ₹6.56 crore stock loss, for which an insurance claim has been lodged. The company's debt-to-equity ratio remains low at 0.03. Veedol changed its name to leverage brand identity and is reorganizing European operations. Strategic R&D efforts continue, focusing on sustainable products and digital transformation. The company has announced its 102nd Annual General Meeting.
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