Tamilnadu Petroproducts Reports FY26 Results
The company recorded full year revenue of Rs 14,890 million (mn) compared with Rs 18,460 mn in the previous year, while net profit rose to Rs 887.6 mn from Rs 514.2 mn a year earlier. The board attributed the higher bottom line to improved cost control and manufacturing efficiency even as sales declined.
In the fourth quarter the company reported gross revenue of Rs 1,260 mn, operating profit of Rs 203.1 mn and net profit of Rs 58.3 mn. The company incurred Rs five point nine mn during the year on material damage and plant restoration following the cyclone, net of scrap sales. Recoveries from insurers amounting to Rs 76.2 mn have been disclosed as an exceptional item against those costs.
On other metrics annual earnings before interest, tax, depreciation and amortisation were Rs 1,617.2 mn and profit before tax before exceptional items was Rs 1,124.9 mn. Profit before tax after exceptional items stood at Rs 1,195.1 mn for the year. The board has recommended a dividend of Rs one point five per share, equivalent to 15 per cent, subject to member approval.
Senior leadership noted that the full year performance reflected robust cost discipline and strong manufacturing efficiency which supported margin expansion despite a revenue shortfall. Management acknowledged that sharp increases in raw material costs weighed on quarterly results and indicated that the company will continue to prioritise cost efficiency amid geopolitical uncertainties. Tamilnadu Petroproducts, incorporated in 1984, manufactures linear alkyl benzene, caustic soda and propylene oxide and sells chlorine as a co product.