Ashwin Muthiah, Vice-Chairman, TPL, and Founder Chairman, AM International, Singapore
The consolidated net profit of Tamilnadu Petroproducts Ltd (TPL) more than doubled to ₹80 crore in the quarter ended June 2026 (Q1FY27), compared with ₹35 crore in the corresponding quarter last year. Consolidated revenue rose 68 per cent to ₹778 crore (₹463 crore).The company said the higher performance was supported by increased customer demand, cost-led operational efficiencies and improved capacity utilisation. The company’s board has also recommended a final dividend of ₹1.50 per equity share of ₹10 each for FY26.Ashwin Muthiah, Vice-Chairman, TPL, and Founder Chairman, AM International, Singapore, said: “The first quarter has delivered a strong performance, with both sales and profitability showing significant growth, with profitability more than doubling compared to the corresponding period last year. This performance reflects the benefits of our continued focus on cost-led operational efficiencies, improved capacity utilisation and our ability to respond to higher customer demand.”He added that despite the evolving geopolitical situation in West Asia resulting in increased input costs, lower import pressures supported the quarter’s overall performance. TPL remains focused on strengthening competitiveness while developing carbon-neutral products and solutions addressing the evolving sustainability needs of customers, he said.The company’s manufacturing facilities underwent a planned shutdown from January to March 2026 for completion of the LAB and HCD expansion project, which impacted the previous quarter and made Q4 FY26 numbers not comparable with the current quarter, the company added.Published on August 12, 2026
