The Board of Directors of Vesuvius India Limited, following its meeting on February 26, 2026, approved the Audited Financial Results for the FY ended December 31, 2025. The Board recommended a dividend of Rs. 1.50 per equity share, subject to shareholder approval at the AGM on May 7, 2026. The company also announced key managerial appointments, including a new CFO, Mr. Neeraj Kumar Jumrani, effective March 16, 2026.
Financial Performance Highlights for FY 2025
Vesuvius India Limited announced the outcome of its Board meeting held on February 26, 2026, detailing the financial results for the year ended December 31, 2025.
For the full financial year ended December 31, 2025, the company reported a Profit Before Tax (PBT) of ₹35,638 lakhs, compared to ₹34,884 lakhs in the previous year. The Net Profit for the year stood at ₹26,408 lakhs.
Total Income from Operations reached ₹210,433 lakhs in FY 2025, an increase from ₹186,857 lakhs in FY 2024. Total Expenses amounted to ₹180,689 lakhs.
The Earnings Per Share (EPS) for the year, restated to the revised face value of ₹1/-, was ₹13.01 (Basic and Diluted).
Dividend Recommendation and Key Dates
The Board recommended a final dividend of Rs. 1.50 (One Rupee and Fifty Paisa) per equity share of nominal value Re. 1/- each for the financial year ended December 31, 2025. This recommendation is pending approval by the shareholders at the upcoming Annual General Meeting.
- Record Date for Dividend: Thursday, April 30, 2026.
- Annual General Meeting (AGM): Thursday, May 7, 2026.
Corporate Appointments and Resignations
Several key leadership changes were approved by the Board:
Chief Financial Officer Transitions
The Board accepted the resignation of Mr. Subhabrata Nandi from the position of Interim Chief Financial Officer, effective from the close of business hours on March 15, 2026.
The appointment of Mr. Neeraj Kumar Jumrani as the new Chief Financial Officer was approved, effective from March 16, 2026. Mr. Jumrani is a Chartered Accountant with over 20 years of experience in senior finance roles within the Linde Group across multiple geographies.
Cost Auditor Appointment
The appointment of M/s J K & Co, Cost Accountant (FRN: 004010), as the Cost Auditor for the Financial Year 2026 (effective January 1, 2026, till December 31, 2026) was approved.
Senior Managerial Personnel
The appointments of four individuals as Senior Managerial Personnel, effective from March 1, 2026, were also approved:
- Mr. Thomas Mathew as Director, M&T*
- Mr. Ashis Jain as Procurement Director*
- Mr. Purushottam Bedare as Commercial Director, IP*
- Mr. Vikram Maladi as Supply Chain Director*
*Note: These personnel are not directors on the Board of the Company.
Auditor Confirmation
The Statutory Auditors confirmed that they have issued an unmodified opinion on the Standalone Audited Financial Results for the year ended December 31, 2025.
Source: BSE
