Q2 net profit nearly doubles; 125% interim dividend declared
SPLPETRO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 0.5 pts less than its Petrochemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Q2 FY27 revenue was Rs 1,957 crore versus Rs 1,100 crore last year. EBITDA was Rs 160 crore at 8.12% margin; net profit nearly doubled to Rs 95 crore. Q2 volume rose 24% year on year to 95,242 MT. H1 net profit was Rs 331 crore. It was debt-free with Rs 886 crore cash and declared a 125% interim dividend of Rs 2.50 per share. Raw material and freight costs, weak exports and duty-free imports were headwinds; expansion stayed on track.
Strong profit growth, cash and dividend may support the stock, but input cost volatility, weak exports and capacity ramp risks may limit gains.