📈 Live Market Tracking
AI-Powered NSE Corporate Announcements Analysis
Veedol Corp Declares ₹14 Per Share Interim Dividend; Issues TDS Guidelines
Veedol Corporation Limited has announced a second interim dividend of ₹14 per equity share for the financial year 2025-26. The record date to determine eligible shareholders is fixed for February 6, 2026. The company has provided detailed instructions regarding Tax Deduction at Source (TDS), which ranges from 10% to 20% for resident shareholders depending on PAN status. Shareholders seeking tax exemptions or lower treaty rates must submit necessary documentation by February 11, 2026.
Key Highlights
Second interim dividend declared at ₹14 per equity share of face value ₹2 each
Record date for dividend entitlement is set as Friday, February 6, 2026
Standard TDS of 10% for resident shareholders with valid PAN; 20% for those without
Exemption from TDS for resident individuals if total annual dividend is below ₹10,000
Deadline for submitting tax-related documents (Form 15G/15H/DTAA) is February 11, 2026
💼 Action for Investors
Investors should ensure their PAN and bank account details are updated with their Depository Participant to receive the dividend. Those eligible for lower tax rates should submit the required forms by the February 11 deadline to avoid higher tax deductions.
Veedol Corp Receives 'CARE AA; Stable' Rating for ₹99 Crore Bank Facilities
CARE Ratings has assigned a high-grade 'CARE AA; Stable' rating to Veedol Corporation's long-term bank facilities worth ₹12 crore. Additionally, the agency assigned a dual rating of 'CARE AA; Stable / CARE A1+' for long-term and short-term facilities totaling ₹87 crore. The total rated bank facilities amount to ₹99 crore, reflecting a very strong credit profile and a stable outlook for the company. These ratings indicate a high degree of safety regarding timely servicing of financial obligations and very low credit risk.
Key Highlights
CARE Ratings assigned 'CARE AA; Stable' for ₹12.00 crore long-term bank facilities.
Assigned 'CARE AA; Stable / CARE A1+' for ₹87.00 crore long-term and short-term facilities.
Total bank facilities covered under this rating exercise amount to ₹99.00 crore.
The ratings are valid for one year from the initial communication date of January 02, 2026.
Facilities include fund-based limits from HDFC Bank and Union Bank, and non-fund based limits from Citi, HSBC, and Standard Chartered.
💼 Action for Investors
The high credit rating (AA/A1+) confirms the company's strong financial health and low default risk, which supports a positive long-term outlook. Investors should view this as a validation of the company's balance sheet strength and liquidity.
Veedol Corp Q3 Profit Rises to ₹43.55 Cr; Declares 700% Interim Dividend (₹14/Share)
Veedol Corporation Limited reported a strong performance for Q3 FY26 with consolidated net profit rising to ₹43.55 crore from ₹37.34 crore YoY. Revenue from operations grew by 11.5% to ₹537.73 crore, driven by steady demand in the lubricants segment. The company rewarded shareholders by declaring a second interim dividend of 700% (₹14 per share) with a record date of February 6, 2026. Additionally, the board approved the appointment of Shri Kulbhushan Malhotra as an Additional Director.
Key Highlights
Consolidated Net Profit grew 16.6% YoY to ₹43.55 crore in Q3 FY26.
Consolidated Revenue from Operations increased to ₹537.73 crore vs ₹482.42 crore YoY.
Declared a massive 700% second interim dividend amounting to ₹14 per equity share.
Standalone Basic EPS increased significantly to ₹25.68 from ₹19.78 in the previous year's quarter.
Shri Kulbhushan Malhotra appointed as Additional Director (Non-Executive & Non-Independent).
💼 Action for Investors
The stock remains attractive for dividend-seeking investors following the ₹14/share payout. Monitor the stock's performance leading up to the February 6 record date for the dividend.
Veedol Corp Q3 PAT Jumps 65% QoQ to ₹43.6 Cr; Declares ₹14/Share Interim Dividend
Veedol Corporation Limited (formerly Tide Water Oil) reported a strong sequential performance for the quarter ended December 31, 2025, with standalone PAT rising 65.4% QoQ to ₹43.64 crore. The Board has declared a substantial second interim dividend of 700%, which translates to ₹14 per equity share of face value ₹2. Consolidated revenue grew to ₹537.73 crore, reflecting steady growth in the lubricants segment. Additionally, the company has fixed February 6, 2026, as the record date for the dividend payment.
Key Highlights
Standalone PAT increased 65.4% QoQ to ₹43.64 crore from ₹26.39 crore in the previous quarter.
Declared a second interim dividend of ₹14 per share (700% of face value) for FY 2025-26.
Consolidated revenue from operations rose to ₹537.73 crore, a 5.6% growth over the previous quarter.
Standalone EPS improved significantly to ₹25.68 for the quarter compared to ₹15.52 in Q2 FY26.
Record date for the interim dividend is set for February 6, 2026, with payment within 30 days.
💼 Action for Investors
Investors should track the stock for the upcoming dividend record date of February 6 to be eligible for the ₹14 per share payout. The strong sequential recovery in profitability suggests improving operational efficiency.
Veedol Corp Q3 Profit Grows 16.6% YoY to ₹43.55 Cr; Declares ₹14 Interim Dividend
Veedol Corporation Limited (formerly Tide Water Oil) reported a consolidated net profit of ₹43.55 crore for the quarter ended December 31, 2025, a 16.6% increase from ₹37.34 crore in the year-ago period. Revenue from operations rose 11.5% YoY to ₹537.73 crore, reflecting steady demand in the lubricants segment. The Board declared a second interim dividend of ₹14 per share (700% of face value), with the record date set for February 6, 2026. Standalone performance was also robust, with profit after tax reaching ₹43.64 crore for the quarter.
Key Highlights
Consolidated Revenue from Operations grew to ₹537.73 crore in Q3 FY26 from ₹482.42 crore in Q3 FY25.
Consolidated Net Profit increased to ₹43.55 crore, while Standalone Net Profit rose to ₹43.64 crore.
Declared a second interim dividend of ₹14 per share on a face value of ₹2 (700%).
Consolidated EPS for the quarter improved to ₹25.63 from ₹21.97 YoY.
Record date for dividend eligibility is February 6, 2026, with payment within 30 days.
💼 Action for Investors
The company's strong earnings growth and high dividend payout make it an attractive hold for long-term investors. Monitor the upcoming record date of February 6 to qualify for the ₹14 per share dividend.
Veedol Declares Rs 14 Interim Dividend; Q3 Consolidated Net Profit Grows 16.6% YoY
Veedol Corporation has declared a second interim dividend of Rs. 14 per share (700% of face value) for FY 2025-26, with a record date of February 6, 2026. The company reported a solid Q3 FY26 performance with consolidated revenue rising 11.5% YoY to Rs. 537.73 crore. Consolidated net profit increased by 16.6% YoY to Rs. 43.55 crore, while standalone net profit saw a significant jump of 29.8% YoY to Rs. 43.64 crore. The board also strengthened its leadership by appointing Kulbhushan Malhotra as an Additional Director.
Key Highlights
Declared 2nd interim dividend of Rs. 14 per equity share (700% on FV of Rs. 2)
Consolidated Revenue from Operations grew 11.5% YoY to Rs. 537.73 crore
Consolidated Net Profit increased to Rs. 43.55 crore from Rs. 37.34 crore YoY
Standalone Earnings Per Share (EPS) rose to Rs. 25.68 from Rs. 19.78 in the previous year's quarter
Record date for dividend eligibility is set for February 6, 2026
💼 Action for Investors
Investors seeking regular income should note the record date of February 6 to qualify for the Rs. 14 dividend. The strong growth in both standalone and consolidated profits suggests healthy operational efficiency, supporting a positive outlook for the stock.
Veedol Corp: Standalone Revenue from Operations at ₹351.51 cr for Sep 2025
Veedol Corporation Limited announced its standalone financial results for the period ended September 30, 2025. The company's Revenue from Operations stood at ₹351.51 crores. Total Income was reported as ₹378.70 crores. The Profit for the Period reached ₹26.39 crores, resulting in Basic Earnings per Equity Share of ₹15.52.
Key Highlights
Standalone Revenue from Operations (Including Other Operating Revenue) for the quarter ended September 30, 2025 was ₹351.51 crores.
Standalone Total Income for the quarter ended September 30, 2025 was ₹378.70 crores.
Standalone Profit for the Period for the quarter ended September 30, 2025 was ₹26.39 crores.
Basic Earnings per Equity Share (of Rs. 2/- each) for the quarter ended September 30, 2025 was ₹15.52.
💼 Action for Investors
Investors should review the complete financial results and compare them against previous periods and competitor performance to understand the company's financial health and growth trajectory. Monitor the insurance claim related to the fire incident at Bhiwandi, Maharashtra, which impacted inventory worth ₹6.56 crores.