NSEPress Release5d ago · 5 Nov 2026, 12:41 am

Press Release

Southern Petrochemicals Industries Corporation Limited · SPIC

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Southern Petrochemical Industries Corporation Limited has announced its unaudited financial results for the second quarter and half year ended 30th September 2026, with a turnover of ₹1847 crore and PBT of ₹88 crore.

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Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk4/10
Liquidity Impact9/10
Market Sentiment8/10

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Southern Petrochemicals Industries Corporation Limited has informed the Exchange regarding a press release dated November 05, 2026, titled "Unaudited Financial Results for the second quarter / half year ended 30th September 2026".

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SPIC_05112026004040_Press_release_Q2_2026-27_final.pdf

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Ref: Secy/NSE 5th November 2026 The Manager, Listing Department National Stock Exchange of India Limited Exchange Plaza, C-1, Block G Bandra-Kurla Complex, Bandra (East) Mumbai – 400 051 Symbol: SPIC Dear Sir, Sub: Press Release Please find attached an advance copy of the “Press Release" on the Unaudited Financial Results for the Second Quarter/Half year ended 30th September 2026 to be sent to Press. Thanking you Yours faithfully, For Southern Petrochemical Industries Corporation Ltd. R Swaminathan Company Secretary Encl: As above Southern Petrochemical Industries Corporation Limited (CIN:L11101TN1969PLC005778) REGISTERED & CORPORATE OFFICE : "SPIC HOUSE", No. 88, Mount Road, Guindy, Chennai -600 032 India. Phone: +91 (44) 2235 0245 I E: spiccorp@spic.co.in I Web: www.spic.in Press release For Immediate release SPIC announces results for the second Quarter and Half year ended 30th September 2026 Achieved a turnover of ₹1847 crore and PBT of ₹88 crore for H1 FY 2026–27 5th November 2026 Chennai / Mumbai: Financials: On 4th November 2026, Southern Petrochemical Industries Corporation Ltd. (SPIC), one of India's pioneering agri-nutrient and fertilizer companies, announced its second quarter results for the period ended 30th September 2026. Quarterly and Annual Results: (Rs. in Crores) Six months Six Months ended ended Particulars FY 2025-26 30th September 30th September 2026 2025 Unaudited Unaudited Audited Revenue from 1847.98 1597.92 2955.97 operations Other Income 5.05 43.05 59.13 Profit Before 88.35 170.40 286.55 During Q2 FY 2026-27, the Company registered an Income of INR 1002.74 Crores and Profit of INR 45.63 crores compared to an income of INR 842.82 Crores and Profit of INR 81.22 Crores during the corresponding quarter of the previous year. At the last AGM held on 28th September 2026, the shareholders have approved the declaration of 20% dividend on the equity shares of Rs. 10 each of the Company (aggregating to Rs.40.73 crore) and accordingly the said equity dividend have been paid to shareholders on 14th October 2026, subject to deduction of taxes. Press release For Immediate release Leadership Comment: Mr. Ashwin Muthiah, Chairman – SPIC, said: “The global economic environment remains volatile, impacting commodity prices, supply chains and input costs. Despite these challenges, SPIC recorded healthy revenue growth in Q2 FY27 compared with the corresponding quarter of the previous year. However, rising input costs put pressure on margins and profitability. We will continue our focus on operational efficiency and cost optimization. We are also working closely with the government to ensure the timely availability of fertilizers to farmers. As an integral part of India's agricultural ecosystem, we remain committed to supporting the country's agricultural progress and the needs of its farming community. Fertilizer sector overview: India's 2026 southwest monsoon ended with a rainfall deficit of 12.6%, the weakest in over a decade and the fourth-lowest since 2001. The shortfall, attributed to an active El Niño pattern , added to the challenges facing the fertiliser industry amid global supply-chain disruptions. However, advance procurement and supply planning helped maintain availability, with fertiliser inventories reaching a two-year high ahead of the rabi season. Fertiliser sales across major categories declined during April–September 2026 compared with the corresponding period in 2025, as inadequate rainfall dampened farm demand despite relatively stable kharif acreage. On the supply side, domestic urea production increased by 4.0% during the period, supported by efforts to secure feedstock and maintain supplies. As the rabi season progresses, adequate inventories and timely distribution could support demand recovery. However, rainfall patterns, global input prices, and farmers' purchasing decisions will remain key factors influencing the industry's performance. For editorial queries, please contact: Rohit Yagnik, Fortuna PR rohit@fortunapr.com