Results     26-May-23
Announcements
Styrenix Performance Materials standalone net profit declines 57.16% in the March 2023 quarter
Sales decline 1.38% to Rs 615.29 crore
Net profit of Styrenix Performance Materials declined 57.16% to Rs 42.44 crore in the quarter ended March 2023 as against Rs 99.06 crore during the previous quarter ended March 2022. Sales declined 1.38% to Rs 615.29 crore in the quarter ended March 2023 as against Rs 623.90 crore during the previous quarter ended March 2022.

For the full year,net profit declined 43.26% to Rs 183.01 crore in the year ended March 2023 as against Rs 322.54 crore during the previous year ended March 2022. Sales rose 8.87% to Rs 2372.27 crore in the year ended March 2023 as against Rs 2179.02 crore during the previous year ended March 2022.

ParticularsQuarter EndedYear Ended
 Mar. 2023Mar. 2022% Var.Mar. 2023Mar. 2022% Var.
Sales615.29623.90 -1 2372.272179.02 9
OPM %10.7722.56 -11.6021.78 -
PBDT67.83139.49 -51 284.98480.20 -41
PBT58.23130.10 -55 246.96442.57 -44
NP42.4499.06 -57 183.01322.54 -43

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