Manali Petrochemicals Reports Annual And Quarterly Results

25 May 2026 CW Team

Manali Petrochemicals Limited (MPL) reported audited consolidated results for the quarter and year ended 31 March 2026, announcing total consolidated income of Rs 2,994.3 million (mn) for the quarter and Rs 10.6985 billion (bn) for the year.

The company disclosed the results in filings from Chennai and Mumbai on 21 May 2026. The announcement follows regular reporting procedures under applicable regulations.

On a consolidated basis profit before tax was Rs 370.9 mn for the quarter compared with Rs 724.2 mn in the prior quarter, while profit after tax was Rs 290.4 mn versus Rs 684.3 mn in the prior quarter. For the year the company reported profit before tax of Rs 1,504.5 mn and profit after tax of Rs 1,299.5 mn, up from Rs 420.5 mn and Rs 293.1 mn respectively in the previous year.

On a standalone basis total income was Rs 2,567.1 mn for the quarter against Rs 2,061.4 mn in the previous quarter, and the company achieved profit before tax of Rs 327.4 mn as against Rs 50.9 mn in the prior quarter. Management indicated that the quarter benefitted from improved realisations, strategic raw material purchasing and selective market participation amid unfolding international events.

Consolidated results were also supported by steady performance of overseas subsidiaries and continued focus on operational efficiency, product mix optimisation and cost management. The board has recommended a dividend of Rs zero point fifty per share (10 per cent) for FY 2025-26, subject to approval of the members. MPL is based in Chennai and markets propylene glycol and polyols, and is part of AM International, a USD two plus billion (bn) group. The company stated that it will continue to pursue customer centric product customisation and enhanced safety and environmental standards.

Equipment

25 May 2026

Panattoni India Announces Rs 1.5 Billion Hyderabad Hub

Panattoni, a global industrial real estate developer, has announced its entry into Hyderabad with a Rs 1.5 billion advanced manufacturing project, marking the debut of its bespoke Build-to-Own (BTO) model in India.The development will come up on a 10-acre site and comprise a 152,000 sq. ft. aerospace-grade manufacturing facility designed to support high-precision industrial operations. The project is expected to create around 500 direct and indirect jobs while expanding Panattoni’s industrial footprint in India.The facility will feature a 112,445 sq. ft. manufacturing shop floor with 9-metre..

PVV Infra Targets 13 NHAI Way Side Amenities Projects

PVV Infra has outlined an accelerated growth strategy focused on National Highways Authority of India (NHAI) Way Side Amenities (WSA), positioning the segment as a key infrastructure vertical for the company.The company said it has completed bids for three sites, including one on the Gwalior–Jhansi stretch and two near Ujjain. It is also submitting bids for two additional sites on the Delhi–Dehradun corridor.PVV Infra has further shortlisted eight sites across major highway corridors including Raipur–Vizag, Bengaluru–Chennai, Ujjain–Garoth and Delhi–Dehradun across Andhra Pradesh, ..

GROHE Opens Experience Centre in Bengaluru

GROHE has opened its largest immersive retail space in the Indian subcontinent at Lavelle Road, Bengaluru. Spread across 14,000 sq ft, the GROHE Experience Centre brings together the brand’s complete portfolio of bathroom solutions and kitchen fittings in an experience-led environment.Designed for architects, interior designers, developers and premium consumers, the centre allows visitors to engage with water architecture through live installations, finish explorations and personalised consultations. The space has been developed to support product specification across residential and hospita..