Greater Noida: Southern Petrochemical Industries Corporation Ltd. (SPIC) reported a consolidated net profit of ₹54.07 crore for the quarter ended December 2025, registering a growth of 40.4% year-on-year compared with ₹38.50 crore in the corresponding quarter last year, supported by improved operational performance and contribution from equity-accounted investees.
Consolidated profit before tax rose 33.5% YoY to ₹81.90 crore from ₹61.36 crore in the year-ago period. Revenue from operations stood at ₹773.89 crore during the quarter compared with ₹818.04 crore in the corresponding period last year. Total income for the quarter was ₹778.39 crore, while profit from operations before share of equity-accounted investees and tax stood at ₹74.33 crore.
Standalone Performance
On a standalone basis, the company reported a net profit of ₹48.64 crore for the December quarter, marking a 37.4% increase YoY compared with ₹35.39 crore in the corresponding period last year. Standalone profit before tax rose 36.2% YoY to ₹74.33 crore from ₹54.59 crore a year ago. Standalone revenue from operations mirrored consolidated performance at ₹773.89 crore compared with ₹818.04 crore in the same quarter last year.
Nine-Month Performance
For the nine-month period ended December 2025, consolidated net profit increased 33.6% YoY to ₹182.01 crore compared with ₹136.22 crore in the year-ago period. Revenue from operations during the period stood at ₹2,371.81 crore.
On a standalone basis, net profit for the nine months rose 35.9% YoY to ₹160.02 crore from ₹117.75 crore last year, while revenue from operations stood at ₹2,371.81 crore.
Operational Highlights
During the quarter, the urea plant operated for 92 days compared with 90 days in the corresponding quarter of the previous year. Urea production and sales during the quarter stood at 1.89 lakh metric tonnes and 1.85 lakh metric tonnes respectively. The company accounted subsidy income of ₹650.51 crore for the quarter based on provisional retention price norms under the Government of India’s fertilizer policy.
Board Updates
The Board approved the appointment of Manikkan Sangameswaran as an Additional Director (Independent) and elevated Mr. K R Anandan as Whole-time Director (Finance) and Chief Financial Officer, subject to shareholder approval.
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.
