Styrenix Performance Materials Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
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Styrenix Performance Materials Limited reported audited standalone results for FY26 with revenue from operations at ₹2,610.27 Crores, down from ₹2,744.38 Crores in FY25. However, standalone EBITDA grew significantly to ₹355.60 Crores from ₹264.11 Crores, and PAT increased to ₹224.21 Crores from ₹212.17 Crores. Consolidated revenue grew to ₹4,945.90 Crores from ₹4,160.66 Crores, but consolidated PAT declined sharply to ₹265.78 Crores from ₹522.22 Crores in FY25, largely due to foreign subsidiary losses. An exceptional item of ₹2.78 Crores was recognized due to new Labour Code provisions (gratuity ₹2.28 Crores and leave encashment ₹0.50 Crores). Statutory auditors issued an unmodified opinion. The company appointed new internal and cost auditors for FY27.
Mixed signals for investors: standalone operations show margin improvement with EBITDA growth, but consolidated profitability declined significantly due to foreign subsidiary losses, which may concern shareholders focused on bottom-line performance.