Styrenix Performance Materials Limited has reported its financial results for the quarter and year ended March 31, 2026. The company achieved a standalone net profit of INR 234.27 crore for the full financial year, demonstrating consistent growth. The Board also confirmed the appointment of new internal and cost auditors for the 2026-27 fiscal year to streamline internal financial management and cost oversight.
Financial Performance Overview
For the financial year ended March 31, 2026, Styrenix Performance Materials recorded a standalone revenue from operations of INR 2,640.27 crore. The company concluded the year with a net profit of INR 234.27 crore, reflecting a healthy performance compared to the previous year’s INR 232.17 crore. Basic and diluted earnings per share (EPS) stood at INR 133.22 for the full year.
Quarterly Highlights
In the fourth quarter (Jan-Mar 2026), the company generated revenue from operations amounting to INR 656.36 crore, with a net profit of INR 84.31 crore. These figures highlight the company’s ability to maintain operational momentum as it closes out the 2025-26 financial year.
Strategic Operational Updates
The company has accounted for an exceptional item amounting to INR 2.78 crore, comprising gratuity liability and leave encashment, primarily due to the November 2025 notification of new Labour Codes. This reflects the firm’s proactive approach to compliance and employee benefit management.
Governance and Audits
Strengthening its internal governance, the Board approved the appointment of M/s. Sharp & Tannan Associates as Internal Auditors for the 2026-27 financial year. Additionally, M/s. Kailash Sankhlecha & Associates has been appointed as the Cost Auditor to manage and audit the company’s cost records for the same period. Both appointments underscore the company’s commitment to high standards of financial transparency and accountability.
Source: BSE
