Tag
Petrochemicals
7 articles
Indian petrochemical producers are demonstrating mixed results amid volatile market conditions. Deepak Nitrite reported a substantial 114% increase in net profit for the first quarter, fueled by strong performance in its Phenolics and Advanced Intermediates segments, while I G Petrochemicals is set to discuss its Q1 performance in an upcoming earnings call. Conversely, Indian Oil reported a significant net loss for the quarter, exacerbated by a governance issue with the absence of independent directors, highlighting the pressures on integrated energy companies. The operational restart at Andhra Petrochemicals and the upcoming financial results announcement by Advance Petrochemicals suggest ongoing efforts to navigate the current challenging environment and capitalize on potential recovery.
Kesar Petroproducts Board Approves Q1 FY27 Results
Board approved unaudited standalone financial results for Q1 FY27 ended June 30, 2026.
Recommended re-appointment of Ramjan Kadar Shaikh as Whole-time Director for a second term.
Approved calendar for
Tara Chand InfraLogistic Solutions FY27 Capex Completion
Tara Chand InfraLogistic Solutions completed ₹74.20 crore capex with purchase of four heavy equipment units.
New equipment includes 800MT crane, 700MT crane, and two aerial platforms for deployment in
Agarwal Industrial Sets September 17 Dividend Record Date
Agarwal Industrial Corporation declares dividend record date as September 17, 2026 for FY25-26.
Record date determination follows board approval on August 13, 2026 for shareholder eligibility.
Company
Kesar Petroproducts Q1 Net Profit INR 51 Lakh
Kesar Petroproducts reported unaudited Q1 FY27 standalone net profit of INR 51 lakh, a significant improvement from a net loss of INR 5.06 crore in the previous quarter.
The Board recommended the re-a
Kothari Petrochemicals 37th AGM Voting Results
Kothari Petrochemicals disclosed voting results from its 37th AGM held on August 14, 2026 via video conference.
All four resolutions passed with requisite majority, including financial statement adopt
SPIC 55th Annual General Meeting Scheduled September 28
SPIC schedules 55th AGM for September 28, 2026, to be conducted via video conferencing.
Register of Members closure period set from September 22-28, 2026 for AGM eligibility.
Cut-off date for e-voting
Manali Petrochemicals Q1 Consolidated PAT Rs 64.36 Crore
• Manali Petrochemicals reported Q1 FY2027 consolidated PAT of Rs 64.36 crore, up significantly from Rs 29.04 crore in previous quarter.
• Consolidated total income stood at Rs 288.49 crore for quarte