The Board of Directors has recommended a dividend of 8% per equity share, amounting to Rs 0.80 per share.
Vipul Organics, a specialty chemicals company in the pigments and dyes segment, has announced strong financial results for FY 2024-25.
The company reported a total revenue of Rs 16,314.30 lakh, an increase of 8.05 per cent over the Rs 15,099.30 lakh recorded in FY 2023-24. Profit Before Tax (PBT) surged 37.02 per cent year-on-year to Rs 635.61 lakh on a standalone basis. Profit After Tax (PAT) rose by 32.94 per cent to Rs 44.62 lakh.
On a consolidated basis, PBT and PAT also recorded a healthy growth of 37 per cent and 32.48 per cent, respectively.
Earnings Per Share (EPS) grew 29.67 per cent on a standalone basis and 29.19 per cent on a consolidated basis, reflecting strong operational efficiency.
The Board of Directors has recommended a dividend of 8% per equity share, amounting to Rs 0.80 per share.
Commenting on the results, Vipul P Shah, Managing Director, Vipul Organics, said, “We have seen a steady growth of 8 per cent in our topline in the current year while our PAT has increased by a healthy 33 per cent, on the back of efficiencies kicking in due to various cost cutting measures that we have been undertaking. The First phase of our Greenfield Sayakha facility is expected to go online in the third quarter of FY 2025-26 which should help us increase our toplineâ€.