SPIC Q1 net profit rises to ₹66.71 cr. on operational effectivity, lower input costs

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SPIC Q1 net profit rises to ₹66.71 cr. on operational effectivity, lower input costs

SPIC Chairman Ashwin Muthiah 

Southern Petrochemical Industries Corporation Ltd reported a consolidated net profit after tax of ₹66.71 crore for the April-June 2025 quarter, aided by operational effectivity and lower input costs, the corporate stated on Sunday (August 17, 2025).

The city-based agri-nutrient and fertiliser agency had posted a net profit of ₹62.55 crore in the identical quarter of the earlier fiscal 12 months. For the monetary 12 months ending March 31, 2025, SPIC’s net profit stood at ₹155.62 crore.

Commenting on the efficiency, SPIC Chairman Ashwin Muthiah stated the Q1 outcomes replicate a buoyant efficiency with a transparent focus on driving greater profitability. “Alongside steady sales growth, the healthy increase in profitability over the previous quarter highlights our emphasis on operational efficiency and reducing input costs,” he stated in a press launch.

The firm’s whole earnings for the quarter rose to ₹798.15 crore from ₹756.37 crore a 12 months in the past. For FY25, whole earnings was ₹3,100.25 crore.

Mr. Muthiah added that SPIC continues its dedication in direction of ESG-led (Environment, Social, and Governance) inexperienced manufacturing, with a transition to pure fuel.

“Given the current global geopolitical challenges, we remain focused on staying competitive while prioritising environment and safety, as well as talent development,” he stated.

The Board of Directors, in a current assembly, really helpful a dividend of 20% (₹2 per share) on fairness capital for FY24-25, topic to approval by members on the annual basic assembly scheduled on September 23 by way of video convention, the corporate stated.

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