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Incorporated in 1984, Tamilnadu Petroproducts Ltd manufactures and sells petrochemical products
Tamilnadu Petroproducts (TPL) reported strong Q1 FY27 results. Revenue rose 68% to ₹784.17 Cr, with EBITDA up 138% to ₹124.84 Cr and PBT soaring 129% to ₹103.65 Cr. Increased demand, cost management, and capacity utilization drove profitability despite rising input costs.
TNPETRO won a major appeal, slashing a GST tax demand from ₹4.68 Cr (including penalty) to just ₹0.04 Cr. This outcome significantly reduces the potential financial hit for the company.
TPL posted FY26 revenue of ₹1489 Cr & net profit of ₹88.76 Cr, rising despite lower sales due to cost discipline. Q4 revenue was ₹126 Cr & net profit ₹5.83 Cr, impacted by raw material costs. Board approved a ₹1.50/share dividend (15%).
TNPETRO announced its PO plant operations have resumed. This is a key operational restart, indicating a return to full production capacity and potential revenue boost.
TNPETRO's Heavy Chemical Division (HCD) plant is temporarily shut down due to business factors from the Middle East geopolitical situation. The company is unable to quantify the impact but is working to resume operations.