Tamilnadu Petroproducts Limited (TPL) has reported a stellar performance for the second quarter of the fiscal year 2025-26, with a significant surge in profitability and improved operational efficiency.

Financial Highlights

• Net Profit: Increased to ₹342.00 million, up 465% from ₹47.00 million in Q2 FY25
• EBITDA: Rose to ₹413.00 million from ₹73.00 million year-over-year
• EBITDA Margin: Expanded to 9.06% from 1.63% in the corresponding quarter last year
• Revenue: Grew to ₹4.56 billion, up from ₹4.49 billion in Q2 FY25

Quarterly Performance Analysis

TPL's financial results for Q2 FY26 demonstrate a remarkable improvement in profitability and operational efficiency. The company's focus on cost management and operational optimization has yielded impressive results, as evidenced by the substantial increase in EBITDA and net profit.

The company's ability to significantly improve its EBITDA margin from 1.63% to 9.06% indicates a strong focus on operational efficiency and cost control measures. This substantial margin expansion has directly contributed to the impressive growth in net profit.

Income Statement Analysis

Examining the income statement data provides further insights into TPL's performance:

• EPS (Earnings Per Share): Increased to ₹3.92 in Q2 FY26, up 31.10% from ₹2.99 in the previous quarter
• Operating Profit: Rose to ₹468.00 million, marking an 84.25% increase from the previous quarter
• Operating Profit Margin: Improved to 10.12%, up from 5.59% in the previous quarter

These figures underscore the company's ability to translate revenue growth into substantial profit gains through improved operational efficiency.

Looking Ahead

As Tamilnadu Petroproducts continues to demonstrate strong financial performance, investors and market watchers will be keen to see if the company can sustain this growth trajectory in the coming quarters. The substantial improvement in profitability metrics positions TPL favorably in the competitive petrochemical industry.

Corporate Governance Update

In a separate announcement, TPL informed that its Board of Directors has appointed Mrs. Sweta Suman, IAS, as an Additional Director of the Company under the Non-Executive Non-Independent Category, effective November 11, 2025. This appointment is subject to shareholder approval, which will be sought through a postal ballot process.

Tamilnadu Petroproducts Limited continues to demonstrate its commitment to strong corporate governance and strategic leadership as it navigates the dynamic petrochemical market landscape.

Tamilnadu Petroproducts Limited (TPL) has announced a change in its board composition. Mr. Sandeep Nanduri, IAS (DIN: 07511216), who served as a Non-Executive & Non-Independent Director, has stepped down from his position on the company's board.

Resignation Details

The resignation comes as a result of the withdrawal of Mr. Nanduri's nomination by Tamilnadu Industrial Development Corporation Limited (TIDCO), which had originally appointed him to the board. As per Section 168 of the Companies Act 2013, the resignation took effect on October 25, 2025, coinciding with the date TPL received the resignation letter from TIDCO.

Regulatory Compliance

In adherence to regulatory requirements, TPL has informed both the BSE Limited and the National Stock Exchange of India about this change in directorate. This disclosure is in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Information

The company has provided the necessary details as required under SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, ensuring transparency in the directorate change process.

This development marks a change in the board composition of Tamilnadu Petroproducts Limited.