Southern Petrochemicals Industries Corporation Limited — Board Meeting, 14-08-2025: Outcome of Board Meeting

SPIC held a board meeting, approving the consolidated financial results for the quarter. Net Profit after Tax increased to Rs. 66.71 Cr (up from Rs. 62.55 Cr last year), with Revenue from Operations at Rs. 780.63 Cr. The board also confirmed a proposed dividend of Rs. 2.00 per share for FY24-25, pending shareholder approval at the 54th AGM on September 23. September 16 is the record date. Thiru. V Dakshinamoorthy, IAS, was appointed as an Additional Director. The quarter's financials include exceptional expenditure for post-cyclone plant restoration and Rs. 14.89 Cr compensation from a lease termination.