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Southern Petrochemicals Industries Corporation Ltd Q2FY24; 54% fall in Profits

Southern Petrochemicals Industries Corporation Ltd is engaged in manufacturing and selling Urea and Nitrogenous chemical fertilizer.

Financial Results:

Southern Petrochemicals Industries Corporation Ltd reported Revenues for Q2FY24 of ₹744.00 Crores up from ₹708.00 Crore year on year, a rise of 5.08%.

Total Expenses for Q2FY24 of ₹677.00 Crores up from ₹604.00 Crores year on year, a rise of 12.09%.

Consolidated Net Profit of ₹53.00 Crores down 53.51% from ₹114.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.58, down 53.85% from ₹5.59 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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