Board of Directors at Its Meeting Held on May 16, 2026, approved Audited Standalone and Consolidated Financial Results for the 4th quarter and financial year ended on March 31, 2026.
STYRENIX · price
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Styrenix Performance Materials reported its FY2026 results. Standalone revenue declined 4.9% to Rs 2,610.27 Crores from Rs 2,744.38 Crores in FY2025. However, standalone PAT grew 5.7% to Rs 224.21 Crores versus Rs 212.07 Crores, showing improved profitability despite lower topline. Consolidated revenue increased 2.8% to Rs 2,833.35 Crores from Rs 2,755.18 Crores. The auditors issued an unmodified opinion confirming clean financials. An exceptional item of Rs 2.78 Crores was recorded due to new Labour Codes impact (gratuity Rs 2.28 Crores + leave encashment Rs 0.50 Crores). The company also appointed new internal and cost auditors for FY2026-27.
Revenue decline on standalone basis may concern investors, though PAT growth indicates cost management. The exceptional labour code charge is non-recurring. The unmodified audit opinion is positive for shareholder confidence.