GP Petroleums Limited — Others, 22-08-2025: Shareholders meeting
22-08-2025 | 04:18 pm
22-08-2025 | 04:18 pm
GP Petroleums has announced its 42nd Annual General Meeting on September 26, 2025, where shareholders will review the year's performance and consider re-appointing Executive Director Mr. Arjun Verma. For FY25, total revenue decreased to ₹611.87 Cr from ₹657.09 Cr, with Profit Before Tax at ₹35.46 Cr, a slight dip blamed on volatile input costs. Key strategic moves included a major bitumen tender win from HPCL, achieving IATF quality certification, and forming a joint venture for specialty bitumen. The company is also expanding its IPOL brand into Nigeria and West African markets. No dividend was declared, prioritizing cash conservation for growth.
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