Veedol Corporation Limited has reported its financial results for the quarter ended September 30, 2025, along with an interim dividend declaration.

Financial Performance

For the quarter, Veedol Corporation reported the following results:

Standalone Performance

• Revenue: Rs 351.51 crores
• Profit: Rs 16.39 crores

Consolidated Performance

• Revenue: Rs 500.28 crores

Interim Dividend Declaration

The company has declared a first interim dividend of 1100% for the financial year 2025-26, which amounts to Rs 22 per equity share.

Regulatory Compliance

Veedol Corporation submitted machine-readable financial results to stock exchanges following their board meeting on November 10, 2025.

Investors and analysts may closely monitor the company's performance in the upcoming quarters.

Veedol Corporation Limited , formerly known as Tide Water Oil Co. (India) Ltd., has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025. The company demonstrated resilience in a challenging market environment, reporting a total income from operations of Rs. 378.70 crores for the quarter.

Financial Highlights

• Revenue: The company's total income from operations stood at Rs. 378.70 crores for Q2 FY26.
• Earnings Per Share (EPS): Basic and diluted earnings per share were reported at Rs. 25.11 for the quarter, showcasing strong profitability.
• Equity Share Capital: The equity share capital remained stable at Rs. 8.34 crores.

Quarterly Performance Analysis

Comparing the current quarter's performance with previous periods reveals interesting trends:

The company has shown significant improvement in profitability, with net profit and EPS growing by over 60% quarter-on-quarter and more than 35% year-on-year, despite a slight dip in revenue.

Half-Yearly Performance

For the half-year ended September 30, 2025, Veedol Corporation's financial metrics indicate a solid performance:

• Total Income: Rs. 898.90 crores
• Net Profit: Rs. 67.30 crores
• EPS: Rs. 39.61

Operational Efficiency

The company's operational performance shows mixed results:

• Operating Profit Margin (OPM): Decreased to 2.93% in Q2 FY26 from 3.56% in Q1 FY26.
• Other Income: Significantly increased to Rs. 27.20 crores in Q2 FY26, up 115.87% from Q1 FY26.

Market Disclosure and Compliance

Veedol Corporation Limited has disclosed these results through newspaper advertisements in The Telegraph and Aajkaal, and filed them with the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).

Dividend Announcement

The company has declared an interim dividend of Rs. 22 per equity share for the financial year 2025-26. The record date for dividend payment is set as November 14, 2025.

Looking Ahead

While Veedol Corporation has shown strong profit growth, the slight decline in revenue and operating profit margin suggests challenges in the operating environment. The significant increase in other income has played a crucial role in boosting the overall profitability.

Note: All financial figures are in Indian Rupees (INR) and are based on the unaudited financial results provided by the company.