Ashwin Muthiah, Chairman of MPL and Founder Chairman of AM International, Singapore
Consolidated net profit for Manali Petrochemicals Ltd (MPL) increased by more than four times to ₹64 crore for the quarter ended June 30, 2026, compared with ₹14 crore in the corresponding quarter of the previous fiscal.Consolidated revenue rose by 17 per cent to ₹275 crore, up from (₹235 crore).The consolidated financial results relate to Manali Petrochemicals Limited (Holding Company) and its subsidiaries / step-down subsidiaries - AMCHEM Speciality Chemicals Private Limited, Singapore; Penn-White Limited, UK; Manali Speciality Private Limited, India; Pennwhite India Private Limited, India; Notedome Limited, UK (till November 17, 2025), and Notedome Europe GmbH, Germany (till November 17, 2025.On a standalone basis, MPL reported net profit of ₹55 crore in Q1’27 compared with ₹3 crore in Q1’26. Standalone revenue increased 40 per cent to ₹229 crore (₹163 crore.)Ashwin Muthiah, Chairman of MPL and Founder Chairman of AM International, Singapore, said, “the significant improvement in profitability compared with the previous quarter demonstrates the impact of our continued focus on cost management, operational efficiency, and improved product realisations. Our strategy is to progressively move up the value chain, with greater emphasis on differentiated, higher-value and sustainable products and solutions that address the changing needs of our customers.”“The quarter reflects the resilience of our businesses in navigating a period of continued geopolitical and economic uncertainty. We have remained focused on serving our customers, strengthening our operations and improving the quality of our earnings,” he added.On the BSE, the company’s share price closed at ₹68.95, up by ₹1.58 (2.35 per cent).Published on August 13, 2026
