Southern Petrochemicals Industries Corporation Limited
Southern Petrochemicals Industries Corporation Ltd is engaged in manufacturing and selling Urea and Nitrogenous chemical fertilizer.
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- Others42
- Board Meeting6
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- Dividend/Bonus3
- Insider Trade2
Southern Petrochemical Industries (SPIC) confirms a press release detailing unaudited financial results for the quarter is forthcoming. Investors, stay tuned for performance updates.
SPIC announced FY26 net profit of INR 286.55 Cr on INR 3015.10 Cr income, showing strong profit growth via cost control. Q4 profit also rose. A 20% dividend (INR 2/share) was declared. Mr. Narasimhan Raghunathan is the new CFO.
SPIC's Whole-time Director, Mr. E. Balu, has passed away. With over 34 years of technical expertise in fertilizer operations and project implementation, his demise is an irreparable loss, affecting the company's leadership and strategic initiatives.
SPIC's H1 FY26 revenue hit ₹1598 Cr with ₹170 Cr PBT. Q2 PBT saw a significant jump to ₹81.22 Cr from ₹48 Cr YoY. The company secured a ₹55.18 Cr insurance payout and distributed ₹40.73 Cr in dividends. Growth focus continues, with CAPEX on schedule.
SPIC delivered strong financial results for the quarter, reporting a turnover of ₹798.15 Cr and Profit Before Tax of ₹89.18 Cr. Net profit surged to ₹58.27 Cr from ₹13.09 Cr last quarter. The company maintained its revenue and profitability momentum year-on-year, attributing this to operational efficiency and reduced input costs....