Tamilnadu Petroproducts Limited (TPL) has reported a strong improvement in its annual profitability for FY26, even as the final quarter of the year saw a notable slowdown in earnings.

 

For the full financial year ended March 31, 2026, the company posted a consolidated profit after tax (PAT) of Rs. 97.45 crore, marking a robust 67% rise from Rs. 58.35 crore in FY25. Profit before tax (PBT) also climbed sharply to Rs. 128.75 crore from Rs. 78.57 crore in the previous year, underlining a year of improved bottom-line performance.

 

However, revenue from operations told a different story. 

 

FY26 revenue declined to Rs. 1,464.06 crore, compared with Rs. 1,823.27 crore in FY25, indicating pressure on topline performance despite stronger profitability. Total comprehensive income for the year rose to Rs. 116.60 crore from Rs. 63.21 crore a year earlier.

 

The quarterly numbers reflected a sharper contrast. 

 

For the quarter ended March 31, 2026, consolidated PAT dropped to Rs. 8.09 crore from Rs. 26.88 crore in the same quarter last year. PBT also fell to Rs. 10.06 crore from Rs. 35.98 crore, while revenue plunged to Rs. 124.22 crore compared with Rs. 454.29 crore in Q4 FY25.

 

Despite the weak quarter, the board has recommended a dividend of Rs. 1.50 per equity share of Rs. 10 each (15%) for FY26, subject to shareholder approval at the upcoming Annual General Meeting.

 

The company said it remained focused on operational efficiencies, cost optimisation, and strengthening overall performance amid evolving market conditions. It also noted that the results include exceptional income linked to insurance claim receivables related to restoration work following the Michaung cyclone incident.