Intimation of Outcome of the Board Meeting held on 27.5.2026 wherein Audited Financial Results for the Quarter & Year ended 31.3.2026 and Intimation of AGM Date and Book Closure dates.
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Andhra Petrochemicals reported a significant revenue decline of approximately 71% year-on-year, with total income falling to Rs 15,004.44 lakhs from Rs 52,964.47 lakhs. The company posted a net loss of Rs 1,566.94 lakhs for FY2026, though narrower than the previous year's loss of Rs 1,813.06 lakhs. The Q4 result showed a profit of Rs 137.56 lakhs, recovering from a loss-making Q3. The plant faced extended shutdowns due to maintenance work (October 2025 to January 2026) and subsequently due to HPCL stopping propylene supply amid the Iran-USA/Israel conflict. The auditor issued an Unmodified Opinion confirming clean financials. The company has also made provisions for FPPCA (Fuel & Power Purchase Cost Adjustment) charges of Rs 308.27 lakhs, following a court case with APERC.
The steep revenue decline and ongoing plant shutdowns reflect severe operational challenges from geopolitical supply disruptions. While the Q4 profit is a positive sign and the auditor has given a clean report, shareholders should be cautious given persistent annual losses and heavy dependence on a single raw material supplier.