India's Vadilal Industries surges to record high after quarterly profit nearly doubles
BUZZ-India's Vadilal Industries surges to record high after quarterly profit nearly doubles ** Ice cream and dairy products maker Vadilal Industries' shares VDLI.NS climb as much as 16.6% to a record high of 8,447 rupees apiece
** Uptick after VDLI nearly doubles its consolidated net profit in the June quarter to 1.31 billion rupees
** Revenue rises about 34% to 6.8 billion rupees
** Co approves an interim dividend of 17 rupees per share for the financial year 2026-27; record date for dividend fixed as August 21
** Stock is most active since May 29
** VDLI shares are up 56.4% in 2026 so far, according to exchange data
(Reporting by Bharath Rajeswaran in Bengaluru)
((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))
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