Southern Petrochemical Industries Corporation Ltd reported a consolidated net profit of ₹29.5 crore for the quarter ended March 2026 (Q4FY26) as against ₹19.5 crore in the same quarter last year. Net profit grew despite a decline in revenue from operations, which came in at ₹584 crore compared to ₹754 crore in Q4FY25.
For the full year FY26, net profit came in at ₹211.5 crore compared to ₹155.6 crore. Revenue was ₹2,956 crore vs ₹3,086 crore.
“This quarter’s results highlight our strong operational discipline. Even though sales were lower than the corresponding period last year, and despite a little over 2 weeks of plant shutdown for scheduled maintenance, we delivered a significant increase in profits through efficient cost control and prudent raw-material sourcing,” Ashwin Muthiah, Chairman - SPIC said in a statement. “With global geopolitical uncertainties persisting, we continue to closely monitor the situation on a regular basis,” he added.
In Q4 FY26, India’s fertiliser sector faced input cost stress owing to multiple factors, including rising phosphate prices, China’s sulphur-related export restrictions, West Asia supply disruptions and subsidy uncertainty. While NPK fertilizer volumes are expected to rise, overall OAP complex fertilizer expansion will be subdued, though a gradual recovery is foreseen, SPIC notes.
“Continued geopolitical tensions in West Asia could have a cascading impact on both energy supplies and fertiliser availability, which are critical for agricultural output,” the company cautioned.
During the quarter, the production and sale of Urea of the Company were 1.48 lac MT and 1.43 lac MT, respectively and for the year, the production and sale of Urea of the company were 7.21 lac MT and 7.14 lac MT, respectively.
The Board of Directors recommended a dividend of 20 per cent on the equity shares of face value of ₹10/- each i.e., ₹2/- per share for FY26. SPIC’s Board also appointed Narasimhan Raghunathan as the new Chief Financial Officer and Key Managerial Personnel, w.e.f. May 23, 2026.
Published on May 23, 2026