Manali Petrochemicals Ltd’s consolidated net profit soared to ₹64 crore in Q1 2026, highlighting a sustained performance amid economic uncertainty, driven by increased sales, better pricing, and a strategic move towards higher-value, sustainable products.
Manali Petrochemicals Ltd said its consolidated net profit for the quarter ended June 30, 2026, jumped to ₹64 crore from ₹14 crore a year earlier, as higher sales and better pricing lifted earnings. Revenue climbed 17% to ₹275 crore from ₹235 crore, according to the company’s quarterly results.
On a standalone basis, profit rose to ₹55 crore from ₹3 crore in the same period last year, while revenue advanced 40% to ₹229 crore from ₹163 crore. Ashwin Muthiah, chairman of Manali Petrochemicals and founder chairman of AM International, Singapore, said the improvement reflected tighter cost control, better operating efficiency and stronger product realisations. He added that the group was shifting towards more differentiated, higher-value and sustainable offerings as customer needs changed.
The latest figures extend a run of stronger performance for the petrochemicals company. Business Standard reported that consolidated profit had already surged in the December 2025 quarter and again in the March 2026 quarter, when sales also rose sharply year on year. In its latest statement, the company said the business remained resilient despite continued geopolitical and economic uncertainty. Manali Petrochemicals’ shares closed at ₹68.95 on the BSE, up 2.35% on the day.
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