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CORPORATION LIMITEDMain BoardEquity2025-04-012026-03-312025-11-102025-11-04INRCroresQuarterlySecond quarterSingle segmentLUBRICANTS2025-11-1014:00:002025-11-1022:15:00trueCash Flow IndirectNot applicabletruetrueNANAfalsetrue2025-11-10www.veedolindia.comfalsefalseTHERE ARE NO OUTSTANDING LOANS OR DEBT SECURITIES. HENCE, QUESTION OF DEFAULT DOES NOT ARISE. THEREFORE, THE SAME IS NOT APPLICABLE.2025-07-012025-09-30UnauditedStandalone351510000027190000037870000001692300000383900000899000002717000005300000580000009743000003475400000311600000031160000050000000-23000004770000002639000000000263900000-460000025930000034000000215.5215.520015.5215.52NOTES: AS PER PDF RESULTS SUBMITTED2025-04-012025-09-30UnauditedStandalone724280000039770000076405000003834400000527800000908000005288000001120000011370000020252000007131900000508600000050860000086500000-47000008180000004268000000000426800000-500000042180000034000000225.1125.110025.1125.11Franchisee Fees604400000Other Expenses369900000Franchisee Fees1244200000Other Expenses781000000128590000056300000384000000762000001700000215130000011000001496000002302000000188000003779300000281720000001577000000290900000156000001500000008698000002903300000104600000333000000615810000014300000995170000034000000749890000075329000007532900000030490000030490000026360000070000005755000000490000008844000009334000005569000001490300000179300000581000003840000017661000007720000024188000009951700000N-1) Property, Plant and Equipment includes Right-of-Use Assets amounting to Rs. 18.27 crores. <BR> N-2) Other Non-Current Financial Liabilities includes Lease Liabilities amounting to Rs. 12.86 crores and Other Financial Liabilites amounting to Rs. 17.63 crores. <BR> N-3) Other Current Financial Liabilities includes Lease Liabilities amounting to Rs. 7.28 crores and Other Financial Liabilites amounting to Rs. 48.41 crores. 113000005120000027720000002500000010000008000000-693000000-220000001137000000590000014900000-4150000000333300000471000000-600000000-22000000390000051250000000011090000004016000000000000080000012100000000000000000986800000888500000150000000000333300000250000000800000187200000000000000041700000383300000000-4250000001638000000163800000127100000290900000Items that will not be reclassified to profit or loss-6000000-6000000Items that will not be reclassified to profit or loss-6500000-6500000-1400000-150000000-4600000-5000000Veedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Vinod Somalal Vyas******DirectorAny other transactionSitting Fee1300000None20000002000001. SITTING FEES PAID TO DIRECTORS ARE AS PER THEIR TERMS OF APPOINTMENT AND NOTED AT EACH MEETING 2. REPORTABLE OPENING BALANCE IS BELOW THE ROUNDING OFF NORM ADOPTED BY THE COMPANYVeedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Durgesh Sanjivrao Chandavarkar******ChairmanAny other transactionSitting Fee1200000None30000003000001. SITTING FEES PAID TO DIRECTORS ARE AS PER THEIR TERMS OF APPOINTMENT AND NOTED AT EACH MEETING 2. REPORTABLE OPENING BALANCE IS BELOW THE ROUNDING OFF NORM ADOPTED BY THE COMPANYVeedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Ananta Mohan Singh******DirectorAny other transactionSitting Fee1300000None30000003000001. SITTING FEES PAID TO DIRECTORS ARE AS PER THEIR TERMS OF APPOINTMENT AND NOTED AT EACH MEETING 2. REPORTABLE OPENING BALANCE IS BELOW THE ROUNDING OFF NORM ADOPTED BY THE COMPANYVeedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Subir Das******DirectorAny other transactionSitting Fee1800000None600000001. SITTING FEES PAID TO DIRECTORS ARE AS PER THEIR TERMS OF APPOINTMENT AND NOTED AT EACH MEETING 2. REPORTABLE OPENING BALANCE IS BELOW THE ROUNDING OFF NORM ADOPTED BY THE COMPANYVeedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Praveen Purushottam Kadle******DirectorAny other transactionSitting Fee1400000None500000001. SITTING FEES PAID TO DIRECTORS ARE AS PER THEIR TERMS OF APPOINTMENT AND NOTED AT EACH MEETING 2. REPORTABLE OPENING BALANCE IS BELOW THE ROUNDING OFF NORM ADOPTED BY THE COMPANYVeedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Partha Sarathi Bhattacharyya******DirectorAny other transactionSitting Fee1300000None400000001. SITTING FEES PAID TO DIRECTORS ARE AS PER THEIR TERMS OF APPOINTMENT AND NOTED AT EACH MEETING 2. REPORTABLE OPENING BALANCE IS BELOW THE ROUNDING OFF NORM ADOPTED BY THE COMPANYVeedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Bharathi Sivaswami Sihag******DirectorAny other transactionSitting Fee1000000None300000001. SITTING FEES PAID TO DIRECTORS ARE AS PER THEIR TERMS OF APPOINTMENT AND NOTED AT EACH MEETING 2. REPORTABLE OPENING BALANCE IS BELOW THE ROUNDING OFF NORM ADOPTED BY THE COMPANYVeedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Prakash Yashwant Gurav******DirectorAny other transactionSitting Fee1000000None300000001. SITTING FEES PAID TO DIRECTORS ARE AS PER THEIR TERMS OF APPOINTMENT AND NOTED AT EACH MEETING 2. REPORTABLE OPENING BALANCE IS BELOW THE ROUNDING OFF NORM ADOPTED BY THE COMPANYVeedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Kishore Mukund Saletore******DirectorAny other transactionSitting Fee800000None100000001. SITTING FEES PAID TO DIRECTORS ARE AS PER THEIR TERMS OF APPOINTMENT AND NOTED AT EACH MEETING 2. REPORTABLE OPENING BALANCE IS BELOW THE ROUNDING OFF NORM ADOPTED BY THE COMPANYVeedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Nitin Ramesh Gokarn******DirectorAny other transactionSitting Fee800000None100000001. SITTING FEES PAID TO DIRECTORS ARE AS PER THEIR TERMS OF APPOINTMENT AND NOTED AT EACH MEETING 2. REPORTABLE OPENING BALANCE IS BELOW THE ROUNDING OFF NORM ADOPTED BY THE COMPANYVeedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Vinod Somalal Vyas******DirectorAny other transactionDirector commission2000000None015000000Veedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Durgesh Sanjivrao Chandavarkar******ChairmanAny other transactionDirector commission2000000None015000000Veedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Ananta Mohan Singh******DirectorAny other transactionDirector commission2000000None015000000Veedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Subir Das******DirectorAny other transactionDirector commission2000000None015000000Veedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Praveen Purushottam Kadle******DirectorAny other transactionDirector commission2000000None015000000Veedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Partha Sarathi Bhattacharyya******DirectorAny other transactionDirector commission2000000None015000000Veedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Bharathi Sivaswami Sihag******DirectorAny other transactionDirector commission2000000None015000000Veedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Vijay Mittal******DirectorAny other transactionDirector commission2000000None015000000Veedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Prakash Yashwant Gurav******DirectorAny other transactionDirector commission2000000None000Veedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Arijit Basu******Managing DirectorRemuneration42500000None9600000131000000Veedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Upendra Gadre******Group CFORemuneration25000000None830000000Veedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Saptarshi Ganguly******Company SecretaryRemuneration6500000None230000000Veedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Saptarshi Ganguly******Company SecretaryAny other transactionInterest Received on loan200000None000Loan0.065 yearsUnsecuredCar LoanInterest on car loanVeedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Saptarshi Ganguly******Company SecretaryAny other transactionAmount Received towards Repayment of Loan200000None00200000Loan0.065 yearsUnsecuredCar LoanRecovery of loanVeedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Andrew Yule & Company Limited******Promoter / Associate CompanyPurchase of goods or services5000000None000Veedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Standard Greases and Specialities Private Limited******Promoter / Associate CompanyPurchase of goods or services5850000000None11907000009080000094900000As per agreed termsVeedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Veedol UK Limited******Wholly Owned Subsidiary CompanySale of goods or services12000000None360000000As per prevailing termsVeedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Eneos Tide Water Lubricants India Private Limited******Joint Venture CompanySale of goods or services900000000None2435000003200000050100000Veedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Eneos Tide Water Lubricants India Private Limited******Joint Venture CompanyAny other transactionRent Received400000None10000000As per prevailing termsVeedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Andrew Yule & Company Limited******Promoter / Associate CompanyInterest received30000000None620000000As per mutually agreed termsVeedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Tide Water Oil Company (India) Limited Employee Benefit Trust******Employee Benefit Plan TrustInterest received6000000None200000000As per prevailing termsVeedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Eneos Tide Water Lubricants India Private Limited******Joint Venture CompanyDividend received271700000None12600000000As per board / shareholder's sanctionVeedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Veedol International DMCC******Wholly Owned Subsidiary CompanyDividend received15000000None730000000As per board / shareholder's sanctionVeedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Veedol UK Limited******Wholly Owned Subsidiary CompanyDividend received428500000None20000000000As per board / shareholder's sanctionVeedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Veedol International DMCC******Wholly Owned Subsidiary CompanyAny other transactionGuarantee Commission Recovered2300000None20000000Veedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Eneos Tide Water Lubricants India Private Limited******Joint Venture CompanyAny other transactionFranchisee Fee4940000000None1468100000162400000206200000As per franchisee agreementVeedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Veedol International Limited******Wholly Owned Subsidiary CompanyAny other transactionRoyalty Paid9500000None290000013000001100000As per royalty agreementVeedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Andrew Yule & Company Limited******Promoter / Associate CompanyDividend paid285200000None9310000000As per board / shareholder sanctionVeedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Standard Greases and Specialities Private Limited******Promoter / Associate CompanyDividend paid400000000None13940000000As per board / shareholder sanctionVeedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Tide Water Oil Company (India) Limited Employee Benefit Trust******Employee Benefit Plan TrustDividend paid26800000None940000000As per board / shareholder sanctionVeedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Veedol International Limited******Wholly Owned Subsidiary CompanyInvestment0None0574100000574100000Investment0NAUnsecuredTowards general corporate purposeVeedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Veedol International DMCC******Wholly Owned Subsidiary CompanyInvestment0None03170000031700000Investment0NAUnsecuredTowards general corporate purposeVeedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Veedol UK Limited******Wholly Owned Subsidiary CompanyInvestment0None0951400000951400000Investment0NAUnsecuredTowards general corporate purposeVeedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Eneos Tide Water Lubricants India Private Limited******Joint Venture CompanyInvestment0None0594100000594100000Investment0NAUnsecuredTowards general corporate purposeVeedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Veedol International DMCC******Wholly Owned Subsidiary CompanyAny other transactionCorporate guarantee0None08870000088700000The amount in closing balance of corporate guarantee is presented after converting foreign currency in INR as on 30 September 2025. Opening balance represents closing balance as on 30 September 2025.Veedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Andrew Yule & Company Limited******Promoter / Associate CompanyAdvance200000000None1500000000150000000Advance0.12NAUnsecuredTowards general corporate purposeVeedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Andrew Yule & Company Limited******Promoter / Associate CompanyAny other transactionExpenses Recovered25000000None000Veedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Andrew Yule & Company Limited******Promoter / Associate CompanyAny other transactionReimbursement of Expenses25200000None180000000Veedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Veedol International Limited******Wholly Owned Subsidiary CompanyAny other transactionExpenses Recovered7200000None60000000Veedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Tide Water Oil Company (India) Limited Superannuation Fund******Employee Benefit Plan TrustAny other transactionContribution47000000None800000000Veedol Corporation Limited [formerly Tide Water Oil Company (India) Limited]******Tide Water Oil Company (India) Limited Employee Benefit Trust******Employee Benefit Plan TrustAny other transactionAmount Received towards Repayment of Loan0None0575000000Veedol International Limited******Veedol International DMCC******Group CompanyAny other transactionRoyalty Received40000000None1800000043000002200000Veedol International Limited******Veedol International DMCC******Group CompanyAny other transactionTechnical and market assistance fee paid10000000None330000004800000Veedol International Limited******Veedol UK Limited******Group CompanyAny other transactionRoyalty Received7000000None210000001700000Veedol International Limited******Granville Oil & Chemicals Limited******Group CompanyAny other transactionRoyalty Received1600000None6000000200000Granville Oil & Chemicals Limited******Veedol International DMCC******Group CompanySale of goods or services40000000None138000009500000153000003714000000