Veedol Corporation Limited has announced its audited financial results for the quarter and financial year ended 31st March, 2026. During the 354th Board Meeting held on 20th May, 2026, the Board approved the standalone and consolidated financial statements and recommended a final dividend of 1100% (Rs. 22/- per share) for the financial year 2025-26, subject to shareholder approval. The company also announced significant leadership changes, including the appointment of Mr. Rajendra Nath Ghosal as the Managing Director effective from 1st June, 2026, following the resignation of Mr. Arijit Basu.

The following table summarizes the standalone financial performance for the quarter ended 31st March, 2026:

Veedol Corporation Limited, formerly known as Tide Water Oil Co. (India) Limited, is an established Indian company with a legacy dating back to 1921. It specializes in the manufacturing and marketing of a wide range of automotive and industrial lubricants, including engine oils, gear oils, transmission fluids, and coolants. Headquartered in Kolkata, the company operates within the energy minerals sector and maintains a strong focus on both domestic and international markets. In 2025, the company continued its operational activities, including dividend declarations and regulatory filings, reflecting its commitment to maintaining transparent corporate governance and shareholder value.