Tag

Nexxus Petro Industries Limited

5 articles
Nexxus Petro Industries experienced a 14% revenue decline in fiscal year 2026, reaching ₹261.87 crore, primarily attributed to geopolitical disruptions impacting bitumen imports. Despite this revenue dip, the company reported improved profitability with a profit after tax of ₹6.39 crore, and is actively diversifying its operations with a new tyre pyrolysis oil plant. The company is also focused on governance and compliance, recently appointing internal and cost auditors and finalizing preparations for its 5th Annual General Meeting, including e-voting procedures, signaling a commitment to shareholder engagement and regulatory adherence as it navigates a challenging external environment.