Veedol Corp gains after Q4 PAT climbs 9% YoY to Rs 49 cr

Veedol Corporation?s added 1.67% to Rs 1,459.10 after its standalone net profit jumped 8.58% to Rs 48.84 crore on 7.49% rise in revenue from operations to Rs 427.66 crore in Q4 FY26 over Q4 FY25.

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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