Tamil Nadu Petro Products Ltd Share Price – NSE  /  BSE

Chemicals, Small Cap

Tamilnadu Petroproducts announced that the Board of Directors of the Company at its meeting held on 14 May 2024, inter alia, have recommended the final dividend of Rs 1.2 per equity Share (i.e. 12%) , subject to the approval of the shareholders.

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Net profit of Tamil Nadu Petro Products rose 9.63% to Rs 12.29 crore in the quarter ended March 2024 as against Rs 11.21 crore during the previous quarter ended March 2023. Sales declined 8.67% to Rs 437.08 crore in the quarter ended March 2024 as against Rs 478.58 crore during the previous quarter ended March 2023.

For the full year,net profit declined 46.85% to Rs 50.06 crore in the year ended March 2024 as against Rs 94.19 crore during the previous year ended March 2023. Sales declined 22.43% to Rs 1665.21 crore in the year ended March 2024 as against Rs 2146.63 crore during the previous year ended March 2023.

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Tamilnadu Petroproducts will hold a meeting of the Board of Directors of the Company on 14 May 2024.

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Net profit of Tamil Nadu Petro Products declined 82.73% to Rs 4.54 crore in the quarter ended December 2023 as against Rs 26.29 crore during the previous quarter ended December 2022. Sales declined 32.34% to Rs 345.44 crore in the quarter ended December 2023 as against Rs 510.56 crore during the previous quarter ended December 2022.

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