Styrenix Performance Materials Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
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Styrenix Performance Materials Limited has submitted its Q1 FY26 (quarter ended June 30, 2025) standalone and consolidated unaudited financial results to the exchanges. The Board has declared an interim dividend of Rs. 31 per equity share on a face value of Rs. 10 (effectively 310%) for FY 2025-26, with the record date set as August 21, 2025. The statutory auditor, Talati & Talati LLP, issued an unmodified (clean) limited review conclusion on both the standalone and consolidated results. The company noted that its consolidated results include the recently acquired Thailand subsidiary (acquired January 2025), and prior-year consolidated figures are not comparable as no subsidiaries existed then. The merger of two step-down Thai subsidiaries was completed effective June 26, 2025.
The strong interim dividend of Rs. 31 per share is a clear positive for shareholders, reflecting robust cash generation and management's confidence in the business. The clean auditor opinion on Q1 results removes any near-term governance concerns, though shareholders should note that purchase price allocation for the Thailand acquisition is still pending, which means consolidated figures may be revised retrospectively.