Spick Chairman Ashwin Mutchia
Southern Petrochemical Industries Company Ltd reported consolidated internet earnings after tax of 66.71 crore for the June 2025 quarter.
Town-based agricultural vitamins and fertilizer firm recorded internet earnings of 62.55 crore in the identical quarter of the earlier fiscal 12 months. For the fiscal 12 months ending March 31, 2025, SPIC’s internet earnings was 155.62 crores.
Commenting on the efficiency, Spick Chairman Ashwin Mutia stated the Q1 outcomes mirror buoyancy efficiency, which clearly focuses on selling increased profitability. “Along with steady gross sales progress, the wholesome enhance in profitability within the final quarter emphasizes its deal with decreasing operational effectivity and enter prices,” he stated in a press launch.
The corporate’s whole income for the quarter elevated to 798.15 crores from 756.37 crores a 12 months in the past. For FY25, the full income was 3,100.25 crore.
Muthiah added that SPIC continues its dedication to ESG-driven (environmental, social and governance) inexperienced manufacturing with the transition to pure gasoline.
“Given the present world geopolitical challenges, we’re persevering with to deal with staying aggressive whereas prioritizing the surroundings, security and expertise growth,” he stated.
At a latest assembly, the board really useful a 20% (£2 per share) dividend on FY24-25’s share capital, topic to approval by members at its annual normal assembly scheduled for September 23 through video convention.
