Vesuvius India Limited has informed the Exchange regarding Outcome of Board Meeting held on May 08, 2025.
VESUVIUS · price
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Awaiting price reaction for this filing.
Vesuvius India reported standalone unaudited results for Q1 ended March 31, 2025. Revenue from operations rose about 6% year-on-year to Rs. 48,222 lakhs (from Rs. 45,335 lakhs), but net profit fell roughly 14% to Rs. 5,931 lakhs (from Rs. 6,878 lakhs), with EPS at Rs. 29.22 versus Rs. 33.89 a year ago. Profit before tax of Rs. 7,969 lakhs was down from Rs. 9,222 lakhs, reflecting higher raw material and operating costs. Statutory auditors Price Waterhouse Chartered Accountants LLP issued a limited review report with an unmodified (clean) opinion. The board also fixed June 10, 2025 as the record date for a 1:10 stock sub-division (Rs. 10 face value to Re. 1). Separately, the company's new Alumina-Silica Monolithic Plant at Parawada, Visakhapatnam commenced commercial operations on May 2, 2025.
Mixed quarter – top line grew but profitability contracted due to cost pressure, which may weigh on sentiment even as a clean audit opinion and the upcoming stock split (improving share liquidity) provide support. The new plant's commissioning signals capacity expansion that could aid future growth.