Net profit of Styrenix Performance Materials rose 13.77% to Rs 56.17 crore in the quarter ended March 2025 as against Rs 49.37 crore during the previous quarter ended March 2024. Sales rose 56.96% to Rs 939.71 crore in the quarter ended March 2025 as against Rs 598.71 crore during the previous quarter ended March 2024.For the full year,net profit rose 35.81% to Rs 235.16 crore in the year ended March 2025 as against Rs 173.16 crore during the previous year ended March 2024. Sales rose 34.21% to Rs 2982.42 crore in the year ended March 2025 as against Rs 2222.17 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales939.71598.71 57 2982.422222.17 34 OPM %9.2812.00 -11.7511.86 - PBDT86.8473.64 18 357.03270.03 32 PBT62.8664.43 -2 303.79233.25 30 NP56.1749.37 14 235.16173.16 36 Powered by Capital Market - Live News

Styrenix Performance Materials will hold a meeting of the Board of Directors of the Company on 24 May 2025.Powered by Capital Market - Live News

Net profit of Styrenix Performance Materials rose 36.52% to Rs 47.70 crore in the quarter ended December 2024 as against Rs 34.94 crore during the previous quarter ended December 2023. Sales rose 42.52% to Rs 690.79 crore in the quarter ended December 2024 as against Rs 484.68 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales690.79484.68 43 OPM %10.7211.94 - PBDT74.3058.94 26 PBT64.2949.70 29 NP47.7034.94 37 Powered by Capital Market - Live News

Styrenix Performance Materials will hold a meeting of the Board of Directors of the Company on 30 January 2025.Powered by Capital Market - Live News

The Board of Styrenix Performance Materials at its meeting held on 09 December 2024 has approved the proposed acquisition by the Company (through a step down subsidiary) of 100% shareholding of INEOS Styrolution (Thailand) Co.,(INEOS Thailand) from its existing shareholders, i.e. INEOS Styrolution Group GmbH (INEOS Germany), INEOS Styrolution APAC Pte. and INEOS Styrolution Hong Kong Company, subject to completion of customary conditions precedent (Proposed Acquisition), in terms of a share sale and purchase agreement between the Company and INEOS Germany (SPA). Pursuant to the Board`s approval, the Company has executed the SPA with INEOS Germany today i.e. on 09 December 2024.Powered by Capital Market - Live News