Veedol Corporation Ltd Share Price – NSE  / BSE

Chemicals, Small Cap

Veedol Corporation announced that the 103rd Annual General Meeting(AGM) of the company will be held on 24 August 2026.

Veedol Corporation announced that the Board of Directors of the Company at its meeting held on 20 May 2026, inter alia, have recommended the final dividend of Rs 22 per equity Share (i.e. 1100%) , subject to the approval of the shareholders.

On a consolidated basis, net profit declined 3.75% to Rs 57.46 crore in Q4 FY26 from Rs 59.70 crore posted in Q4 FY25. However, consolidated revenue from operations climbed 14.04% YoY to Rs 606.98 crore during the quarter.

Profit before tax (PBT) slipped 6.97% YoY to Rs 63.90 crore during the quarter.

Total expenses rose 17.22% to Rs 554.70 crore during the quarter, compared with Rs 473.19 crore recorded in Q4 FY25. Cost of material consumed stood at Rs 303.27 crore (up 6.34% YoY), employee benefit expenses stood at Rs 45.34 crore (up 25.73% YoY) and franchisee fees stood at Rs 68.94 crore (up 11.55% YoY) during the period under review.

The board of directors has recommended a final dividend of 1100% for FY26, translating into Rs 22 per ordinary share of the company?s face value. The proposed dividend, subject to shareholders? approval at the forthcoming 103rd Annual General Meeting (AGM), will entail a total cash outgo of Rs 38.33 crore. Upon approval, the dividend will be paid to eligible shareholders within 30 days from the date of declaration at the AGM.

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

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Net profit of Veedol Corporation declined 3.75% to Rs 57.46 crore in the quarter ended March 2026 as against Rs 59.70 crore during the previous quarter ended March 2025. Sales rose 14.04% to Rs 606.98 crore in the quarter ended March 2026 as against Rs 532.24 crore during the previous quarter ended March 2025.

For the full year,net profit rose 13.55% to Rs 191.62 crore in the year ended March 2026 as against Rs 168.75 crore during the previous year ended March 2025. Sales rose 9.96% to Rs 2168.54 crore in the year ended March 2026 as against Rs 1972.14 crore during the previous year ended March 2025.

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