Gandhar Oil Refinery (India) Limited has informed the Exchange that Record date for the purpose of Dividend is 01-Aug-2025.
GANDHAR · price
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On the reaction day the stock moved 1.3 pts less than Nifty Microcap 250 and 0.8 pts less than its Lubricants peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Gandhar Oil Refinery's board, at its May 22, 2025 meeting, approved audited standalone and consolidated results for Q4 and FY ended March 31, 2025. Standalone revenue grew to Rs. 31,602.58 million (vs Rs. 28,417.38 million in FY24), but standalone profit after tax fell to Rs. 752.90 million from Rs. 1,187.10 million. Consolidated revenue dipped to Rs. 38,969.23 million and consolidated PAT nearly halved to Rs. 834.96 million (vs Rs. 1,653.16 million). The board recommended a final dividend of Rs. 0.50 (25%) per equity share on the Rs. 2 face value, subject to shareholder approval. The 33rd AGM is scheduled for August 12, 2025 via video conferencing, with the record date fixed at August 1, 2025. New statutory auditor M/s. KJK & Associates was appointed for a 5-year term, replacing the outgoing auditor.
Profitability has weakened sharply even as standalone topline grew, which may weigh on investor sentiment. The declared final dividend of Rs. 0.50 per share offers modest income; investors should note eligibility requires holding shares by the August 1, 2025 record date.