Comments
Southern Petrochemical Industries Corporation Limited (SPIC) on Friday posted over 65 per cent growth year-on-year in its consolidated net profit for the third quarter at ₹85.18 crore. The Chennai-based agri-nutrient and fertiliser company’s consolidated net profit for the same quarter of the previous fiscal stood at ₹51.43 crore.
Consolidated revenue from operations grew by 42 per cent to ₹698.62 crore (₹492.48 crore).
Ashwin Muthiah, Chairman – SPIC & Founder Chairman, AM International, Singapore, attributed the company’s strong quarterly performance, despite ongoing macroeconomic challenges, to the company’s unwavering focus on sales, operations, and profitability.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.