Veedol Corporation Ltd reports Q2 net profit of ₹49.08 crore, up 19.9% YoY, and names Rohit Totla Managing Director
- Consolidated revenue was ₹649.25 crore, up 27.5% YoY and 6.7% sequentially.
- Profit before JV share and exceptional items was ₹54.34 crore, an 8.4% revenue margin; Q2 net profit fell 37.0% sequentially. No exceptional items were reported.
- Totla’s five-year term starts 20 November 2026, subject to shareholder approval. Rajendra Nath Ghosal resigns effective 19 November and will serve as President through 31 March 2027.