Southern Petrochemical Industries
89.64
-1.80(-1.97%)
Market Cap₹1,862.10 Cr
PE Ratio11.40
IndustryChemicals
Company Performance:
1D-1.97%
1M-13.81%
6M+4.18%
1Y+10.07%
5Y+407.88%
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Latest news about Southern Petrochemical Industries
SPIC Reports 60.5% EBITDA Growth in Q1; Appoints New Director Aug 18, 2025
Southern Petrochemical Industries Corporation Limited (SPIC) announced robust Q1 financial results. Revenue increased by 3.5% to ₹780.63 crores, EBITDA grew by 60.5% to ₹110.81 crores, and net profit rose by 13.5% to ₹58.27 crores. The company's urea plant operated for 91 days, producing 1.92 lakh MT of urea with sales of 1.86 lakh MT. SPIC appointed Thiru. V Dakshinamoorthy, IAS, as an Additional Director. The Board recommended a dividend of ₹2.00 per equity share, with September 16 set as the record date. The 54th Annual General Meeting is scheduled for September 23.