{"id":155823,"date":"2023-11-06T11:05:16","date_gmt":"2023-11-06T16:05:16","guid":{"rendered":"https:\/\/44.250.171.167\/?p=155823"},"modified":"2023-11-06T11:05:17","modified_gmt":"2023-11-06T16:05:17","slug":"southern-petrochemicals-industries-corporation-ltd-q2fy24-54-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/southern-petrochemicals-industries-corporation-ltd-q2fy24-54-fall-in-profits\/","title":{"rendered":"Southern Petrochemicals Industries Corporation Ltd Q2FY24; 54% fall in Profits"},"content":{"rendered":"\n<p>Southern Petrochemicals Industries Corporation Ltd is engaged in manufacturing and selling Urea and Nitrogenous chemical fertilizer.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>Southern Petrochemicals Industries Corporation Ltd reported Revenues for Q2FY24 of \u20b9744.00 Crores up from \u20b9708.00 Crore year on year, a rise of 5.08%.<\/p>\n\n\n\n<p>Total Expenses for Q2FY24 of \u20b9677.00 Crores up from \u20b9604.00 Crores year on year, a rise of 12.09%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b953.00 Crores down 53.51% from \u20b9114.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b92.58, down 53.85% from \u20b95.59 in the same quarter of the previous year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-72-839x1024.png\" alt=\"\" class=\"wp-image-155824\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-72-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-72-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-72-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-72-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-72.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/app.asai.alphastreet.io\/test-drive\/dashboard?utm_source=IN_WordPress&amp;utm_medium=IN_WordPress&amp;utm_campaign=IN_WordPress&amp;utm_id=IN_WordPress\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"870\" height=\"321\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/ASAI-Product-2-1.gif\" alt=\"\" class=\"wp-image-155784\"\/><\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>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 \u20b9744.00 Crores up from \u20b9708.00 Crore year on year, a rise of 5.08%. Total Expenses for Q2FY24 of \u20b9677.00 Crores up from \u20b9604.00 Crores year on year, [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":155824,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,5746],"tags":[13478,8584,13477],"class_list":["post-155823","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-energy-stocks","tag-nitrogen","tag-petrochemicals","tag-urea"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-72.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":156002,"url":"https:\/\/alphastreet.com\/india\/mangalore-refinery-and-petrochemicals-ltd-q2fy24-22-fall-in-revenue\/","url_meta":{"origin":155823,"position":0},"title":"Mangalore Refinery And Petrochemicals Ltd Q2FY24; 22% fall in Revenue","author":"Hardik Bhandare","date":"November 9, 2023","format":false,"excerpt":"Mangalore Refinery & Petrochemicals Limited (MRPL) was set up as a joint venture (JV) between the AV Birla Group and Hindustan Petroleum Corporation Limited (HPCL). It is now a subsidiary of Oil & Natural Gas Corporation(ONGC). The company is mainly engaged in the business of refining crude oil, petrochemical business,\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-121.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-121.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-121.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-121.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-121.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-121.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":156308,"url":"https:\/\/alphastreet.com\/india\/deepak-fertilizers-77-fall-in-profits\/","url_meta":{"origin":155823,"position":1},"title":"Deepak Fertilizers &#038; Petrochemicals Corp Ltd Q2FY24; 77% fall in Profits","author":"Divyansh_Kasana","date":"November 16, 2023","format":false,"excerpt":"Incorporated in 1979, Deepak Fertilisers and Petrochemicals Corporation Ltd is in the business of fertlisers, agri services, bulk chemicals, mining chemicals and real estate Financial Results: Deepak Fertilizers & Petrochemicals Corp Ltd reported Revenues for Q2FY24 of \u20b92,424.00 Crores down from \u20b92,719.00 Crore year on year, a fall of 10.85%.\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-212.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-212.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-212.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-212.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-212.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-212.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":156511,"url":"https:\/\/alphastreet.com\/india\/i-g-petrochemicals-ltd-q2fy24-82-fall-in-profits\/","url_meta":{"origin":155823,"position":2},"title":"I G Petrochemicals Ltd Q2FY24; 82% fall in Profits","author":"Hardik Bhandare","date":"November 21, 2023","format":false,"excerpt":"I G Petrochemicals Ltd, incorporated in 1988, manufactures Phthalic Anhydride (PAN), Maleic Anhydride (MAN) and Benzoic Acid which are used in manufacturing of dyes, polyester resins etc. Financial Results: I G Petrochemicals Ltd reported Revenues for Q2FY24 of \u20b9502.00 Crores down from \u20b9569.00 Crore year on year, a fall of\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-275.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-275.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-275.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-275.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-275.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-275.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":157304,"url":"https:\/\/alphastreet.com\/india\/agarwal-industrial-corporation-ltd-q2fy24-7-rise-in-profits\/","url_meta":{"origin":155823,"position":3},"title":"Agarwal Industrial Corporation Ltd Q2FY24; 7% rise in Profits","author":"Divyansh_Kasana","date":"December 13, 2023","format":false,"excerpt":"Agarwal Industrial Corporation Ltd is primarily engaged in the business activities of manufacturing and trading of Petrochemicals (Bitumen and Bituminous Products), logistics of bitumen and liquefied Petroleum Gas and energy generation through Wind Mills. 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