India Glycols Limited has informed the Exchange that Board of Directors at its meeting held on May 16, 2025, recommended Final Dividend of Rs. 10 per equity share.
INDIAGLYCO · price
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India Glycols' board, at its May 16, 2025 meeting, approved audited standalone and consolidated results for Q4 and FY25 with an unmodified auditor's opinion. Standalone revenue rose 14% year-on-year to Rs. 9,037.82 Cr, while profit after tax grew nearly 19% to Rs. 180.38 Cr. Consolidated profit after tax jumped about 33% to Rs. 230.92 Cr, helped by a stronger contribution from the Clariant IGL joint venture. The board recommended a final dividend of Rs. 10 per share (100% on face value) subject to shareholder approval. The company also confirmed it will now pursue only the demerger of its Bio Pharma and Spirits & Biofuel businesses into separate listed entities, dropping the earlier plan to merge Kashipur Holdings; the scheme's appointed date is April 1, 2026.
Shareholders stand to receive a healthy Rs. 10 per share dividend along with strong profit growth, especially on a consolidated basis. The simplification of the restructuring to a pure demerger could unlock value more clearly by separating the high-growth Bio-Fuel and stable Spirits businesses, though it remains subject to NCLT and shareholder approvals.