Veedol Corporation Ltd Share Price – NSE  / BSE

Chemicals, Small Cap

Veedol Corporation announced that CARE Ratings has affirmed/ assigned the rating CARE AA; Stable / CARE A1+ to bank facilities of the company.

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Profit before tax (PBT) jumped 50.32% YoY to Rs 55.36 crore during the quarter.

Total expenses rose 9.53% to Rs 495.28 crore during the quarter, compared with Rs 452.17 crore recorded in Q3 FY25. Cost of material consumed stood at Rs 290.55 crore (up 12.92% YoY), employee benefit expenses stood at Rs 41.77 crore (up 10.88% YoY) and franchisee fees stood at Rs 68.16 crore (up 1.64% YoY) during the period under review.

Meanwhile, the company?s board declared dividend of Rs 14 per share for FY26. The record date has been set as Friday, 6 February 2026. The dividend will be paid within 30 days of the date of declaration.

Veedol Corporation engaged in the business of manufacturing and marketing of lubricants.

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Veedol Corporation announced that the Board of Directors of the Company at its meeting held on 2 February 2026, inter alia, have recommended the Second Interim dividend of Rs 14 per equity Share (i.e. 700%) , subject to the approval of the shareholders.

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Net profit of Veedol Corporation rose 16.63% to Rs 43.55 crore in the quarter ended December 2025 as against Rs 37.34 crore during the previous quarter ended December 2024. Sales rose 11.47% to Rs 537.73 crore in the quarter ended December 2025 as against Rs 482.42 crore during the previous quarter ended December 2024.

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