Southern Petrochemicals Industries Corporation Limited — Updates, 14-08-2025: Press Release
14-08-2025 | 10:33 pm
14-08-2025 | 10:33 pm
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. Management emphasized commitment to ESG-led green manufacturing, including transition to natural gas, and expanding its R&D-led product portfolio. Additionally, the Board has declared a 20% dividend (Rs 2/share) for FY24-25, pending shareholder approval at the upcoming 54th Annual General Meeting.
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