Southern Petrochemicals Industries Corporation Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
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Southern Petrochemicals Industries Corporation reported audited standalone net profit of Rs. 186.16 Crores for FY 2025-26, up 42% from Rs. 130.84 Crores in the previous year. Consolidated net profit stood at Rs. 211.48 Crores compared to Rs. 155.62 Crores. Despite revenue declining 4.2% to Rs. 2,955.97 Crores from Rs. 3,086.33 Crores, the company improved profitability through better cost management. EBITDA margin expanded significantly as operating profit grew 41% to Rs. 286.55 Crores. Finance costs reduced by 48% to Rs. 28.42 Crores. The Board recommended a 20% dividend (Rs. 2 per share). A new CFO, Mr. Narasimhan Raghunathan, was appointed effective May 23, 2026. The statutory auditor issued an unmodified (clean) opinion on both standalone and consolidated financial results.
The company demonstrated strong profitability growth despite modest revenue decline, indicating improved operational efficiency and cost control. The 42% PAT growth and 48% reduction in finance costs are positive signals for shareholders. The clean audit opinion with no qualifications adds credibility.