Styrenix Performance Materials Announces Interim Dividend After Q1 Results
Styrenix Performance Materials Limited announced the declaration of an interim dividend for the financial year 2026-27 following its Board meeting held on August 4, 2026. The company also approved the unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026.The Board meeting determined that an interim dividend of Rs. 23 (representing 230%) per equity share of Rs. 10 each would be paid for F.Y. 2026-27. The record date for determining members eligible to receive the interim dividend has been set as Monday, August 10, 2026.
Q1 Financial Performance Highlights
Styrenix reported its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, which were approved by the Board of Directors. These results reflected strong operational performance across various metrics.The company's standalone profitability showed consistent trends compared to previous periods. The key figures from the unaudited standalone statements are summarized below:
| Particulars | Q ended June 30, 2026 (Unaudited) | Q ended March 31, 2026 | Q ended June 30, 2025 | Q ended March 31, 2026 (Audited) |
|---|---|---|---|---|
| Revenue from operations | 76804 | 656.36 | 721.11 | 2,640.27 |
| Total income | 770.53 | 658.44 | 723.00 | 2,646.70 |
| Cost of materials consumed | 537.92 | 461.53 | 549.22 | 1,916.54 |
| Total expenses | 569.13 | 532.35 | 636.88 | 2,276.98 |
| Profit before tax | 186.70 | 112.36 | 73.85 | 314.31 |
| Total tax expense | 49.38 | 28.05 | 18.98 | 80.04 |
| Profit for the Period | 137.32 | 84.31 | 54.87 | 234.27 |
| Basic Earnings per share (INR) | 78.09 | 47.94 | 31.20 | 133.22 |
Consolidated Results Overview
On a consolidated basis, Styrenix also reported robust performance for the quarter ended June 30, 2026. The key financial data from the unaudited consolidated statements are presented below:| Particulars | Q ended June 30, 2026 (Unaudited) | Q ended March 31, 2026 | Q ended June 30, 2026 (Unaudited) | Q ended March 31, 2026 (Audited) |
|---|---|---|---|---|
| Revenue from operations | 1,01086 | 82610 | 943.5 | 3,438.03 |
| Total income | 1,014.19 | 837.89 | 946.88 | 3,454.40 |
| Cost of materials consumed | 706.26 | 579.00 | 780.34 | 2,489.88 |
| Total expenses | 790.60 | 710.11 | 847.04 | 3,094.83 |
| Profit before tax | 188.63 | 93.06 | 70.54 | 223.25 |
| Total tax expense | 50.33 | 19.58 | 18.62 | 40.40 |
| Profit for the Period (Owners of the Company) | 138.30 | 73.48 | 51.92 | 182.85 |
| Basic Earnings per share (INR) | 78.64 | 41.79 | 29.52 | 103.98 |
The Group operates in "Engineering Polymers," which constitutes a single reportable business segment according to IND AS 108. The consolidated results, along with the standalone figures, were reviewed and approved by the Board of Directors on August 4, 2026.
STYRENIX Stock Price Movement
Shares of Styrenix Performance Materials Limited surge to ₹2591.3 as of 1:15 PM today, climbing 4.18% in live trading and gaining ₹104.00. The stock has seen a volume of 295,532 shares traded so far into the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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