Manali Petrochemicals profit jumps 53% despite revenue decline

Manali Petrochemicals reported consolidated profit of ₹29.31 lakh for FY 2024-25, up 53% from ₹19.21 lakh previously, despite total income falling to ₹92,163 lakh from ₹1,06,151 lakh.

The company proposed a dividend of ₹0.50 per share, totaling ₹860 lakh. It also commissioned a PG expansion project and is developing a new Western India manufacturing facility.