Vasundhara Rasayans Limited, a chemical manufacturing company, has announced several key decisions made by its Board of Directors, including a dividend declaration and new appointments to the board.

Dividend Declaration

The Board of Directors has approved a dividend of Rs. 2.00 per equity share. This decision reflects the company's commitment to returning value to its shareholders.

New Board Appointments

In a move to strengthen its leadership, Vasundhara Rasayans has made two significant appointments to its board:

1. Shri Ashok Kumar Jain has been appointed as an Additional Independent Director.
2. Shri Kodakandla Sidarsanam has been appointed as an additional Whole-time Director.

These appointments are expected to bring fresh perspectives and expertise to the company's governance structure.

Upcoming Annual General Meeting

The Board has approved the draft notice for the 37th Annual General Meeting (AGM) along with the Corporate Governance Report and Board's Report with annexures. Key dates related to the AGM include:

• Book Closure: The register of members and share transfer books will remain closed from September 24-30.
• Cut-off Date: September 23 has been set as the cut-off date for determining shareholders eligible for e-voting and dividend.

E-Voting Scrutinizer

Mrs. Rakhi Agarwal has been appointed as the Scrutinizer for overseeing the e-voting process at the AGM, ensuring transparency and fairness in the voting procedure.

These developments highlight Vasundhara Rasayans' focus on corporate governance, shareholder returns, and strategic leadership as the company moves forward in the chemical manufacturing sector.

Vasundhara Rasayans Limited, a leading player in the agri products segment, has announced its financial results for the first quarter. The company's performance shows a mixed picture with increased total income but a decline in net profit.

Financial Highlights

Revenue and Profitability

Vasundhara Rasayans reported net sales of ₹756.15 lakh for the quarter, slightly lower than the ₹762.99 lakh recorded in the same quarter last year, representing a marginal decrease of 0.90%. However, the company's total income saw a modest increase of 2.08%, rising to ₹824.50 lakh from ₹807.69 lakh in the corresponding quarter. This growth was primarily driven by a significant rise in other income, which jumped to ₹68.35 lakh from ₹44.69 lakh in the previous year.

Profit Margins and Expenses

Despite the increase in total income, the company's net profit after tax declined by 33.51% to ₹57.28 lakh, compared to ₹86.15 lakh in the same quarter last year. This decline in profitability can be attributed to a notable increase in total expenses, which rose by 8.08% to ₹747.10 lakh from ₹691.27 lakh in the previous year.

The rise in expenses was primarily due to increases in finance costs, other expenses, and the cost of materials consumed. Finance costs, in particular, saw a significant jump to ₹13.58 lakh from ₹5.51 lakh in the previous year.

Earnings Per Share

Reflecting the decrease in net profit, the company's earnings per share (EPS) declined to ₹1.80 from ₹2.71 in the corresponding quarter of the previous year, marking a 33.58% decrease.

Segment Information

Vasundhara Rasayans operates in a single reportable segment - agri products - as per Ind AS 108 on "Operating Segments." This applies to both standalone and group level operations.

Management Approval and Audit Review

The financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors at their meeting held on August 13, 2025. The statutory auditors have expressed an unmodified audit opinion on these financial results.

Conclusion

While Vasundhara Rasayans has managed to increase its total income, the significant rise in expenses has impacted its profitability for the quarter. The company's performance in the coming quarters will be crucial to watch, especially in terms of managing costs and improving profit margins in the competitive agri products sector.