Styrenix Performance Materials reports a **34.28% increase in consolidated net profit** for the March 2026 quarter. Annual sales grow **15.28% to Rs 3,438.03 crore**, while full-year net profit declines **21.77% to Rs 182.85 crore** compared to the prior fiscal year. The company’s financials reflect higher revenue but reduced profitability year-over-year.
Styrenix Performance Materials approves the acquisition of **INEOS Styrolution (Thailand) Co.** (INEOS Thailand) from its existing shareholders, including INEOS Styrolution Group GmbH and regional affiliates. The deal involves a 100% shareholding transfer through a subsidiary, pending customary closing conditions. The board meeting approving the transaction took place on **December 9, 2024**.
Dec 2024M&A Critique | THE WHYS AND THE HOWSNews article
Styrenix Performance Materials reaches an all-time share price of ₹2,895 following its $20 million acquisition of INEOS Styrolution (Thailand). The company also declares a dividend to shareholders. The move strengthens its position in the Thai polystyrene materials market.
Styrenix Performance Materials Ltd sets **December 17, 2024** as the record date for its **interim dividend** in the 2024-25 financial year, following a prior Rs 28 dividend payout. Shareholders meeting eligibility criteria will qualify for the cash reward.