Categories AlphaGraphs, Automobile, Earnings

Veedol Corporation Ltd Q1FY25; 19% rise in Profits

Tide Water Oil Co. Ltd. is a leading manufacturer and marketer of lubricants in over 65 countries around the globe. In India, it has been catering to both automotive and industrial segments since 1928 under the brand “Veedol”.

Financial Results:

Veedol Corporation Ltd reported Revenues for Q1FY25 of ₹479.00 Crores up from ₹474.00 Crore year on year, a rise of 1.05%.

Total Expenses for Q1FY25 of ₹443.00 Crores up from ₹439.00 Crores year on year, a rise of 0.91%.

Consolidated Net Profit of ₹37.00 Crores up 19.35% from ₹31.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹21.30, up 18.99% from ₹17.90 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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