Veedol Corporation Reports Strong Financial Results, Signaling Positive Growth Potential

May 29 2025 05:36 PM IST
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Veedol Corporation has announced its financial results for the quarter ending March 2025, highlighting a significant increase in net sales at Rs 531.91 crore, the highest in five quarters. Operating profit reached Rs 67.66 crore, with notable year-on-year growth in profit before tax and profit after tax, reflecting improved operational efficiency.
Veedol Corporation, a small-cap player in the oil industry, has recently reported its financial results for the quarter ending March 2025. The results, declared on May 29, 2025, indicate a notable shift in the company's financial standing, with a revision in its score reflecting the positive developments over the past three months.

The quarter showcased a significant achievement in net sales, reaching Rs 531.91 crore, marking the highest figure in the last five quarters. This upward trend is mirrored in the operating profit, which also peaked at Rs 67.66 crore, indicating enhanced operational efficiency. The operating profit margin improved to 12.72%, further underscoring the company's effective management of resources.

Additionally, profit before tax less other income (PBT) reached Rs 65.14 crore, demonstrating a year-on-year growth of 36.25%. Profit after tax (PAT) followed suit, hitting Rs 59.70 crore, with a year-on-year increase of 39.1%. The earnings per share (EPS) also saw a rise, reaching Rs 35.12, reflecting the company's commitment to generating higher returns for its shareholders.

These developments suggest a positive trajectory for Veedol Corporation, as evidenced by the recent evaluation changes.

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