Southern Petrochemicals Industries Corporation's Q1 FY 2025-26 Quarterly Results

Result Summary

• Southern Petrochemicals Industries Corporation Ltd reported a 502.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 5.5%.
• Its expenses for the quarter were up by 453.3% QoQ and 4.7% YoY.
• The net profit decreased 375.3% QoQ and increased 6.7% YoY.
• The earnings per share (EPS) of Southern Petrochemicals Industries Corporation Ltd stood at 3.28 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Southern Petrochemicals Industries Corporation Ltd (SPIC) operates within the chemical sector, primarily focusing on the production and distribution of fertilizers and related products. SPIC has established itself as a significant player in the agricultural industry, providing essential nutrients to enhance crop yield and quality. While specific recent developments are not available from the provided data, SPIC's historical operations suggest a strong emphasis on sustainable agricultural practices and innovation in fertilizer production. The company serves a diverse client base, including farmers and agricultural businesses, contributing to the overall food supply chain.

Revenue

In Q1FY26, Southern Petrochemicals Industries Corporation Ltd reported a total income of ₹798.15 crores. This represents a substantial quarter-over-quarter (QoQ) increase of 502.6% from the previous quarter, Q4FY25, where the total income stood at ₹132.46 crores. Year-over-year (YoY), the company experienced a 5.5% growth from Q1FY25, which recorded a total income of ₹756.37 crores. These figures highlight a notable recovery in revenue generation compared to the previous quarter, suggesting an improvement in sales or other income streams contributing to the overall revenue.

Profitability

The company's profitability metrics indicate a robust recovery from the prior quarter's losses. For Q1FY26, the profit before tax (PBT) was reported at ₹89.18 crores, marking a significant QoQ turnaround of -301.4% from the negative PBT of ₹-44.29 crores in Q4FY25. On a YoY basis, PBT increased by 12.8% from ₹79.04 crores in Q1FY25. The profit after tax (PAT) for Q1FY26 was ₹66.71 crores, demonstrating a strong QoQ improvement of -375.3% compared to the loss of ₹-24.23 crores in Q4FY25, and a YoY increase of 6.7% from ₹62.55 crores in the same quarter last year. The earnings per share (EPS) followed a similar trend, increasing to ₹3.28 in Q1FY26 from a negative EPS of ₹-1.19 in Q4FY25 and up 6.8% YoY from ₹3.07 in Q1FY25.

Operating Metrics

Southern Petrochemicals Industries Corporation Ltd's total expenses for Q1FY26 amounted to ₹708.97 crores, reflecting a QoQ rise of 453.3% from ₹128.14 crores in Q4FY25. This increase aligns with the surge in total income, indicating higher operational activity. Compared to Q1FY25, total expenses grew by 4.7% from ₹677.33 crores. The tax expense for the current quarter was ₹34.23 crores, showing a QoQ increase of -323.1% from a negative tax figure in Q4FY25 and a YoY growth of 20.1% from ₹28.50 crores in Q1FY25. These operating metrics suggest significant variations in financial performance between quarters, with notable improvements in both income and expenses contributing to overall profitability.