Manali Petrochemicals Ltd, the Chennai-based petrochemical manufacturer, more than doubled its consolidated net profit to ₹29 crore for the fourth quarter ended March 31, 2026 as against ₹11 crore for the corresponding quarter last year. Revenue was up 23 per cent to ₹293 crore (₹230 crore).During the quarter, the company said that there was a gain on divestment of Notedome Limited and its subsidiary Notedome Europe GmbH, amounting to ₹52 crore (net of transfer expenses incurred) and this has been recognised as an exceptional item.For FY’26, the consolidated net profit increased by over four times to ₹130 crore (₹29 crore) on a 14 per cent increase in revenue to ₹1,022 crore (₹897 crore).On a standalone basis, the company reported a nine-times increase in net profit to ₹27 crore crore for Q4’26 as against ₹3 crore on a 50 per cent increase in revenue to ₹248 crore (₹164 crore).For FY’26, the company reported a standalone net profit of ₹35 crore on a net loss of ₹8 crore for the previous year on a 21 per cent increase in revenue to ₹786 crore (₹647 crore).Dividend:The Board of MPL has recommended a dividend of ₹0.50 per share (10 per cent) for FY 2025-26, subject to approval of the Members.Ashwin Muthiah, Chairman of MPL and Founder Chairman of AM International, Singapore, said, the March quarter performance was good despite broader macroeconomic pressures, particularly rising input costs and unhindered imports. Improved raw-material efficiencies, better realisations and contributions from overseas subsidiaries supported the results. “It reflects our continuous focus on internal cost discipline, productivity gains, and the strategic shift toward premium specialty chemical solutions,” he said.“Given the ongoing geopolitical uncertainties, we remain cautiously optimistic in the near term,” he added.The company said that the holding company (MPL) received an insurance claim of ₹8 crore towards the stocks affected by the floods (Cyclone Michaung) in October 2025.Published on May 22, 2026