SPIC Q4 Consolidated Net Profit Rises 51.5% YoY to ₹29.49 Crore

Southern Petrochemical Industries Corporation Ltd. (SPIC) reported a consolidated net profit of ₹29.49 crore for the quarter ended March 2026, registering a growth of 51.5% year-on-year compared with ₹19.47 crore in the corresponding quarter last year, aided by operational efficiencies and contribution from equity-accounted investees.

Consolidated profit before tax rose 53.7% YoY to ₹45.98 crore from ₹29.91 crore in the year-ago period. Revenue from operations stood at ₹584.15 crore during the quarter compared with ₹754.37 crore in the corresponding period last year. Total income for the quarter was ₹595.73 crore, while profit from operations before share of profit from equity-accounted investees and tax stood at ₹41.82 crore.

Standalone Performance

On a standalone basis, the company reported a net profit of ₹26.15 crore for the March quarter compared with ₹13.09 crore in the corresponding period last year. Standalone profit before tax stood at ₹41.82 crore against ₹20.64 crore a year ago. Standalone revenue from operations stood at ₹584.15 crore compared with ₹754.37 crore in the same quarter last year.

Full-Year Performance (FY26)

For the full year ended March 2026, consolidated net profit increased 35.9% YoY to ₹211.48 crore compared with ₹155.62 crore in the previous year. Revenue from operations during the period stood at ₹2,955.97 crore.

On a standalone basis, net profit for the full year rose to ₹186.16 crore from ₹130.84 crore in the previous year, while revenue from operations stood at ₹2,955.97 crore.

Operational Highlights

During the quarter, the urea plant operated for 73 days compared with 90 days in the corresponding quarter of the previous year. Urea production and sales during the quarter stood at 1.48 lakh metric tonnes and 1.43 lakh metric tonnes respectively. For the full year, production was 7.21 lakh MT and sales were 7.14 lakh MT.

The company accounted subsidy income of ₹450.33 crore for the quarter and ₹2,426.91 crore for the year based on provisional retention price norms under the Government of India's fertilizer policy.

The Board of Directors has recommended a dividend of ₹2 per equity share for FY26, subject to shareholders' approval at the forthcoming AGM.

SPIC is engaged in the manufacture and sale of fertilizers and operates primarily in the urea segment, along with investments in joint ventures and associate companies in petrochemicals and energy sectors.

Shares of Southern Petrochemicals Industries Corporation Limited was last trading in BSE at Rs. 74.22 as compared to the previous close of Rs. 70.39. The total number of shares traded during the day was 150798 in over 1861 trades.

The stock hit an intraday high of Rs. 76.30 and intraday low of 70.64. The net turnover during the day was Rs. 11193990.00.

Source : Equity Bulls

Keywords

SouthernPetrochemicalsIndustriesCorporation INE147A01011 SPIC Fertilizers Q4FY26 Q4FY2026 FY26 FY2026 ResultUpdate