Southern Petrochemicals Industries Corporation Limited has informed the Exchange regarding a press release dated August 14, 2025, titled "Unaudited Financial Results for the quarter ended 30th June 2025".
SPIC · price
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Awaiting price reaction for this filing.
SPIC announced its Q1 FY26 (quarter ended 30th June 2025) unaudited results. Total income rose to ₹798.15 crore, up from ₹756.37 crore in Q1 FY25, a year-on-year growth of about 5.5%. Profit before exceptional items stood at ₹89.18 crore compared to ₹79.04 crore in the same quarter last year, marking roughly 12.8% YoY growth. Net profit after tax surged sharply to ₹58.27 crore from just ₹13.09 crore in the preceding Q4 FY25, reflecting strong sequential operational improvement. The Board had earlier recommended a 20% dividend (₹2 per share) for FY25, pending shareholder approval at the 54th AGM scheduled for 23rd September 2025.
The strong sequential jump in net profit and steady revenue growth signal improved operational efficiency, which may be viewed positively by shareholders. The proposed ₹2 per share dividend and AGM confirmation add near-term catalysts for retail investors.