Southern Petrochemical Industries Reports Strong Sales Growth Amid Profit Decline in May 2025

Southern Petrochemical Industries Corporation (SPIC) has released its financial results for the quarter ending March 2025, with the announcement made on May 8, 2025. The evaluation changes indicate a notable shift in the stock's score, which has seen a revision from 4 to 0 over the past three months.
The financial data reveals that SPIC's net sales for the quarter reached Rs 754.37 crore, reflecting a growth of 22.8% compared to the average net sales of Rs 614.21 crore from the previous four quarters. This positive trend in sales suggests a robust near-term sales performance.

Conversely, the company faced challenges in profitability metrics. The profit before tax (PBT) for the quarter was reported at Rs 24.84 crore, which represents a decline of 49.8% against the average PBT of Rs 49.44 crore from the previous four quarters. Similarly, the profit after tax (PAT) stood at Rs 19.47 crore, down by 51.5% compared to the average PAT of Rs 40.15 crore from the prior periods. Additionally, interest expenses have increased, with the latest six-month figure at Rs 32.59 crore, marking a growth of 45.17% over the previous half-year period, indicating a rise in borrowing costs.

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