Veljan Denison reports strong growth in revenue, net worth

Veljan Denison Limited announced a robust financial performance for the fiscal year 2024-25 in its 51st annual report. The company's net worth increased by 9.17% to Rs. 22,577.59 Lakhs in 2024-25, up from Rs. 20,488.06 Lakhs in 2023-24. Revenue also saw a healthy rise of 12.82%, reaching Rs. 15,858.75 Lakhs compared to Rs. 14,051.55 Lakhs in the previous year.

The company's profitability indicators also showed positive trends. Profit Before Tax (PBT) grew to Rs. 2,371.93 Lakhs in 2024-25 from Rs. 2,207.44 Lakhs in 2023-24, marking a 7.45% increase. Earnings Per Share (EPS) slightly decreased to Rs. 52.71 from Rs. 98.11, while Book Value Per Share (BVS) increased to Rs. 501.72 from Rs. 910.58. The report also highlights a dividend per share of Rs. 8.50 for 2024-25, consistent with previous years. Capital employed, comprising both own funds and loan funds, reached Rs. 22,577.59 Lakhs in 2024-25.