Styrenix Performance Materials has announced its audited financial results for the fourth quarter and the financial year ended March 31, 2026. The company reported a standalone annual profit of ₹234.27 crore and a consolidated annual profit of ₹182.85 crore. Additionally, the Board of Directors approved the appointment of new internal and cost auditors for the upcoming fiscal year, ensuring continued operational oversight and governance for the 2026-27 financial year.
Financial Performance Overview
For the financial year ended March 31, 2026, Styrenix Performance Materials recorded a strong financial performance. On a standalone basis, the company achieved revenue from operations of ₹2,640.27 crore, resulting in a net profit of ₹234.27 crore. The consolidated financial results reported revenue from operations of ₹3,438.03 crore and a profit of ₹182.85 crore for the same period.
Quarterly Highlights
In the fourth quarter (Jan-Mar 2026), the company reported standalone revenue of ₹656.36 crore, with a profit of ₹84.31 crore. Consolidated revenue for the same quarter stood at ₹826.10 crore, with a profit of ₹73.48 crore. The company continues to operate within the Engineering Polymers segment, which remains its primary business focus.
Strategic Corporate Developments
During the meeting held on May 16, 2026, the Board finalized several key appointments for the 2026-27 fiscal year. M/s. Sharp & Tannan Associates were appointed as Internal Auditors, while M/s. Kailash Sankhlecha & Associates were named as the company’s Cost Auditor to oversee cost records. These appointments are part of the company’s commitment to maintaining robust financial standards and regulatory compliance.
Impact of New Labour Codes
The company noted the impact of the new Labour Codes notified by the Government of India in November 2025. This resulted in an incremental financial impact consisting of ₹2.28 crore in gratuity liability and ₹0.50 crore in leave encashment compensation, which have been disclosed as Exceptional Items in the audited financial results.
Source: BSE
