ALPHA TRIBE

Manali Petrochemicals LimitedOthers, 25-08-2025: Shareholders meeting

25-08-2025 | 10:32 pm

Manali Petrochemicals Limited (MPL) reported its annual financial results for FY24-25. Consolidated revenue decreased to `921.63 Cr` from `1061.51 Cr` year-over-year, impacted by challenging market conditions and cheaper imports. Despite this, consolidated profit after tax rose to `29.31 Cr` from `19.21 Cr`. The company proposed a dividend of `0.50` per share, totaling `8.60 Cr`. Key updates include the Propylene Glycol expansion nearing completion and progress on a new Western India manufacturing facility. Operations shifted to R-LNG for reduced emissions. The 39th Annual General Meeting is scheduled for September 16, 2025, to adopt these results and approve a significant related party transaction.

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