StockWatch
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Specialty Chemicals
Dividend4 Aug 2026, 01:30 pm

Styrenix Performance Materials Declares ₹23 Interim Dividend

AI Summary

Styrenix Performance Materials Ltd announced an interim dividend of ₹23 per equity share for FY 2026-27. The record date for this dividend has been fixed as August 10, 2026. The company's Board of Directors also approved the unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The financial results showed a profit after tax of ₹137.32 Crores for the quarter. The dividend declaration is a positive signal to shareholders, reflecting the company's financial performance and confidence in future prospects.

Key Highlights

  • Interim dividend of ₹23 per equity share declared for FY 2026-27.
  • Record date for dividend payment set as August 10, 2026.
  • Q1 FY27 unaudited financial results approved.
  • Profit after tax for Q1 FY27 stands at ₹137.32 Crores.